House for sale
Hands-off investment in vibrant Orlando West, steps from Hector Peterson Museum and taxis. Fully tenanted block generating R19,500/month, with secure yard and redevelopment potential.
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
Listed for sale at R2,150,000
Wide price range across Soweto
Prices vary widely across Soweto, so a like-for-like comparison isn't reliable for this home.
Above the typical range for Soweto.
Market depth
15 listings
Similar homes town-wide
103 days
Median time on market
Medium inventory
Active across Soweto
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Orlando is a historic and vibrant heart of Soweto, offering residents a rich cultural heritage, strong community spirit, and convenient access to major urban amenities.
