House for sale
Convenient urban living for professionals in Sandown, minutes from Sandton CBD and transport, on a generous erf with on-site parking and 13-panel solar system; multiple bachelor units plus cottage.
Investment Opportunity in Prime Sandown – Multi-Unit Income Property in the Secure Edward Rubenstein Enclosure
Positioned in sought-after Sandown, this versatile income-generating property presents an exciting opportunity for investors looking to establish or expand a residential rental portfolio in a prime location close to the Sandton CBD, major business hubs and key transport routes.
Set on a generous erf, the property has been configured into multiple rental units, offering flexible accommodation suitable for young professionals, corporate tenants and individuals seeking convenient access to the greater Sandton area.
The accommodation is spread across the main residence, including upstairs units, together with additional accommodation in a separate cottage. The units offer practical bachelor-style living, with tiled interiors and private bathroom facilities.
Investment Highlights:
Multiple rental units across the property
Potential rental income of approximately R42,000 per month when fully let, subject to occupancy and prevailing rental rates
Solar system comprising 13 panels, 5kVA inverter and 3 batteries
Generous erf with ample on-site parking
Swimming pool, currently not operational and requiring attention
Excellent Sandown location with convenient access to Sandton and surrounding commercial nodes
The property requires some maintenance and attention, presenting an opportunity for an investor to improve and further enhance its value and income-generating potential
With its prime location, multiple income streams and scope for improvement, this property presents an attractive opportunity for an investor who can see its potential. Some maintenance and upgrading will be required, including attention to the swimming pool, and the property has been positioned accordingly as an investment opportunity with further value-add potential.
Rental schedules and property-related information are available to serious prospective purchasers on request.
Listed for sale at R5,000,000
Price reduced by 6.0% to R4,700,000
How does this home’s price compare with similar properties?
Insight
Priced 33% below the local median - and below the typical range in Sandown.
Compared with 11 5+ bed homes (12 listings) in Sandown.
It's priced below similar homes, which may reflect condition, position or finishes.
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Sandown is a prestigious and centrally located suburb in the heart of Sandton, offering residents an upscale urban lifestyle with immediate access to world-class business hubs, luxury shopping, and premium amenities.
