House for sale
Ideal for investors seeking passive income and future growth in a well-situated neighbourhood near shops and transport; spacious yard with subdivision potential, four rented rooms and four parking.
A fantastic opportunity for investors looking for a property that offers both existing rental income and future development potential. This property is situated on a generously sized yard and currently consists of four rooms that are let to tenants, providing an immediate income stream for the new owner.
The spacious yard offers ample room for further development, additional rental units, or the possibility of creating two separate stands, subject to municipal approval and subdivision requirements. This makes it an attractive option for an investor wanting to maximise rental returns or potentially secure the value of two stands for the price of one property.
The existing buildings are being presented in their current condition, giving buyers a clear view of the property and an opportunity to renovate, improve, or redevelop according to their investment plans.
Key features include: four income-generating rental rooms, a large and spacious yard, existing tenant occupancy, excellent potential for additional rental accommodation, possible subdivision into two stands subject to approval, and strong potential for renovation or redevelopment.
Ideal for property investors, developers, or buyers looking for a large stand with income-generating potential.
Listed for sale at R650,000
How does this home’s price compare with similar properties?
Insight
Priced 24% below the local median - but still inside the typical range across Soshanguve.
Compared with 21 4-bed active listings across Soshanguve.
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.
Soshanguve South is a vibrant and growing residential neighborhood offering convenient access to educational institutions, local shopping centers, and essential transport links for families and commuters.
