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.
Listed for sale at R1,200,000
Compared with 72 active listings in Roodepoort.
Insight
Priced 52% below the local median — and below the typical range for Roodepoort.
The lower price may partly reflect the smaller floor size. 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.
Similar properties pricing
Key differences
Good value · based on 39 listings
More compact · based on 39 listings
Market depth
72 listings
Similar homes town-wide
116 days
Median time on market
Many similar homes
Active across Roodepoort
Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
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.
