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Turnkey income property in vibrant Orlando West, steps from the Hector Peterson Museum and transport links. Features six bachelor units, secure high walls, and automated double garage.
Amazing Investment Opportunity: Don`t miss out on owning a block of flats in the sought-after neighborhood of Orlando West. This single-story property features 3 units in floor with a total of 6 well-sized bachelor rooms. Each room includes a kitchenette with built-in cupboards and shares three spacious bathrooms. The spacious yard can accommodate parking for four cars, with an additional 2 cars in an automated garage. Your tenants` security is ensured with high walls and a gate.
The block of flats is conveniently located near the Caltex garage, providing easy access to taxis, the Hector Peterson Museum, and other amenities. All rooms are currently occupied, generating a potential rental income of R19,500 per month, including the main house. The property also holds great potential for future redevelopment. Seize the opportunity to invest in this centrally located property with excellent earning potential.
Key features:
- Single-storey with 6 units
- 3 bathrooms sharing
- Open plan layout
- High walls for security
- Potential rental income of R19,500
- Centrally located
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R2,150,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 21 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
Market depth
21 similar listings
Medium similar-home inventory town-wide (Soweto)
Median time on market: 83 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
Orlando is a historic and vibrant heart of Soweto, offering residents a rich cultural heritage, strong community spirit, and convenient access to major transport routes and iconic landmarks.
* Distances and amenities are approximate.
