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Reliable passive income in central Diepkloof Zone 5, walking distance to schools and Diepkloof Square. Converted multi-unit with five en-suite bachelors and a 2‑bed main house; R19,600/month.
Investment Alert: R19,600 Monthly Income!
Secure a massive R19,600 monthly return with this expertly converted multi-unit property in the heart of Diepkloof Zone 5. Perfectly positioned for high rental demand, this is a "buy and collect" opportunity for the savvy investor.
The Numbers:
Monthly Income: R19,600 (Total).
Main House: 2 Bed, Lounge, Kitchen & Bath (R4,500/pm).
Bachelor Units: 5 x En-suite units (R12,500 total/pm).
Standard Rooms: 2 x Rooms (R2,600 total/pm).
Asking Price: R1.3 Million.
The Location:
Walk to School: 0.14 km to Thabisile and 0.17 km to Fidelitas Secondary.
Shop local: Only 0.68 km from Diepkloof Square.
Commuter Friendly: Easy access to public transport.
Listed for sale at R1,300,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 40 listings in Soweto (town)
Insight
Priced above the median for similar properties in the area.
Benchmark uses town-level data where suburb sample size is limited. Premium areas may trade above town averages - check with the agent for local guidance.
Similar properties pricing
Affordability
R 12,761 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
40 similar listings
High similar-home inventory town-wide (Soweto)
Median time on market: 86 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
Diepkloof is a vibrant and developing residential area in Soweto, offering a mix of housing options and a strong sense of community, appealing to families and individuals seeking a convenient and culturally rich environment.
* Distances and amenities are approximate.
