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Hands-on investor opportunity steps from Roodepoort CBD and the taxi rank, ten rental units generating R19,200pm; needs TLC on a secure corner stand with high walls.
Looking for an investment property in Roodepoort North within walking distance to the taxi rank, Roodepoort CBD.
This property requires TLC, 10 nicely sized units, 2,5 bathrooms, owner is collecting R 19 200 rental income and tenants pay their own electricity.
Situated on a corner stand with high walls.
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R1,200,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 77 listings in Roodepoort (town)
Insight
Priced below the median for similar properties in the area. On a price-per-m² basis, it is 51% below the median. Floor size is 28% smaller than typical for similar homes.
Similar properties pricing
Key differences
Market depth
77 similar listings
High similar-home inventory town-wide (Roodepoort)
Median time on market: 85 days
* Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal. Smart Property Insights Model v1.0
Roodepoort North offers a convenient and established residential lifestyle with easy access to essential amenities, major transport routes, and the scenic natural beauty of the West Rand.
* Distances and amenities are approximate.
