House for sale
Live or invest in a growing Ivory Park community — an unfinished four-bedroom, one-bathroom property offering customization or conversion to 8-9 rental rooms for strong income.
This property features a 4-bedroom unfinished structure located in Ivory Park Extension 5. The neighboring property is currently in the roofing and plastering phase, indicating ongoing development in the area.
The home offers significant potential for investors, as it can be converted into 8 to 9 rental rooms, generating a strong monthly income. Alternatively, it presents an excellent opportunity for those seeking to complete and customize their own residence.
Contact me today and let me assist you in making this promising investment or homeownership opportunity yours.
Listed for sale at R600,000
Price reduced by 16.7% to R500,000
How does this home’s price compare with similar properties?
Price comparison based on 25 similar-sized 3–5 bed homes.
Insight
Priced 58% below the local median - and below the typical range across Midrand.
Compared with 25 similar homes (26 listings) across Midrand.
It sits below similar homes even on a price-per-m² basis - condition, position or finishes may explain the gap. Benchmarked on town-level data where the suburb sample is limited. Premium pockets may trade above town averages - check with the agent for local guidance.
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Ivory Park is a vibrant and densely populated residential area in Midrand that offers affordable housing options and convenient access to major industrial hubs and transport routes for working professionals.
