House for sale
Perfect for investors or extended families in a sought-after neighborhood, enjoy income from a separately sectioned, fully-tenanted 7-unit block and expansive yard—three bedrooms, two baths.
This property is perfect for investors seeking strong rental returns, or buyers wanting a large private residence with separate income-producing units. With modern finishes, reliable tenants, and excellent security, this is a rare opportunity combining lifestyle and income potential
This exceptional property sits on a generous 1,985sqm stand, featuring a massive main house on ±985sqm and a separately sectioned ±1,000sqm area developed with 7 modern apartment units, offering an outstanding income-generating opportunity with ±R45,000+ per month in rental income (±R30,000 from the units and ±R15,000 from the main house). Excluding Utilities
Main House Features
The spacious family home boasts three large, sunny bedrooms with built-in cupboards, including a main bedroom with an en-suite bathroom. Living areas include a huge lounge, an additional living room, and a versatile multi-purpose space ideal as a TV room, office, or entertainment area.
The open-plan, fully fitted kitchen is generously sized with ample cupboard space and room for all appliances, flowing seamlessly into a dining room for convenient family living. A spacious family bathroom includes a bath, shower, basin, and toilet. The home also offers a double garage, side pedestrian gate, and a main access gate.
Expansive Yard – Green Potential & Event-Ready Space
A standout feature of this property is the huge open yard, offering exceptional potential for landscaped gardens, green lawns, and outdoor recreational areas. The generous space allows for beautiful green grass, garden development, or additional outdoor entertainment areas.
The property also offers ample parking space, making it ideal for hosting events, family gatherings, or entertainment functions, as well as accommodating multiple tenants and visitors comfortably.
Apartment Block – 7 Modern Units (Fully Tenanted)
Located on a separate section of the property, the 7 newly built modern apartment units are fully tenanted with long-term tenants in place for approximately one year, ensuring immediate rental income.
Each unit offers:
2 bedrooms with built-in cupboards
Open-plan fitted kitchen and lounge
5 units with showers and 2 units with baths
Own geyser per unit
Prepaid electricity
Individually metered geysers
Aluminium window frames
Additional amenities include:
Undercover parking
Washing line area
Outside toilet with basin
Caretaker’s room
Fully secured with barbed wire fencing
Remote-controlled access gate
Ideal for Investors or Extended Families
Asking Price R4000 000- Offers welcome from R3500 000
Listed for sale at R4,000,000
How does this home’s price compare with similar properties?
Insight
Priced 186% above the local median - and above the typical range across Roodepoort.
Compared with 130 3-bed homes (137 listings) across Roodepoort.
Buyers should compare condition, position, views, finishes and floor size before deciding. 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.
Florida is a well-established, centrally located suburb in Roodepoort that offers residents a blend of historic charm, convenient access to major transport routes, and proximity to essential community amenities.
