House for sale at 1187 Murley St
Spacious Family Home Plus 2 Income Flatlets
Enjoy multi-generational living and rental income on Clarendon Drive, steps from school, hospital and university. Features two separate flatlets, original marble fireplace, four bedrooms and carports.
Experience a unique investment opportunity with this exceptional corner-stand property offering true value for money.
This property is ideal for large families seeking multiple generational living and seeking multiple income streams. This property offers far more than a typical family home with a unique design - and can be utilised as a large family home with two seperate flatlets or a three bedroom home with the possibility of three flatlets.
The main home has a welcoming entrance that still shows the gorgeous architecture of the original home. A wide open entrance opens to a large reception area with a curved feature entrance and feature marble fireplace and pressed ceilings throughout that add character. The kitchen offers ample space with the opportunity to add additional cabinets with a traditional pantry / scullery and washing area. A backdoor leads out to the parking area of the home for added convenience.
The main home offers three expansive sized bedrooms; rarely available today ; with lovely natural light. An additional forth bedroom has been closed off to the third current flatlet. The main home offers a family bathroom with modern finishes.
In addition to the main home, there are two separate rental cottages: A seperate two-bedroom flatlet has its own entrance - a kitchenette and two large bedrooms,supported by a bathroom. The 2nd flatlet also offers a reception / kitchen space with a large bedroom and bathroom. These additional dwellings provide excellent space for your extended family / work-from-home or rental to reduce your monthly bond by up to 50%.
Although not zoned for business use, the property is also ideally situated on the corner of Clarendon Drive within walking distance to the school and hospital as well as the university for student accommodation as extra income potential ideas.
Live comfortably in the main house while the cottages generate income to help cover your bond repayments, rates, taxes, and other expenses—letting your tenants contribute to property ownership.
Parking is abundant with carports accommodating up to four vehicles, ensuring convenience for you and your tenants. Don’t miss this rare opportunity to combine comfortable living with smart investment returns.
Additional features
Ownership costs
Property history
Listed for sale at R1,495,000
Price reduced by 0.4% to R1,489,000
Smart property insights
How does this home’s price compare with similar properties?
Price comparison based on 30 similar-sized 4-bed homes.
Insight
Priced 32% below the local median - and below the typical range across Roodepoort.
Compared with 30 similar homes (31 listings) across Roodepoort.
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.
Around R1.3M typical in Discovery (small sample of 2).
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
