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Invest in steady rental income in sought-after Protea Glen Ext 11, close to shops and transport. Main house split into three bachelor units plus five outside rooms for tenants.
Don’t miss out on this excellent investment opportunity in a sought-after area of Protea Glen Ext 11. This property is perfectly set up to generate strong rental income.
Property Features:
Main house converted into 3 bachelor units
Each unit includes its own toilet, shower, and mini kitchen
Fully tiled for easy maintenance
Additional Income Units:
5 outside rooms, all with tiled floors
2 outside toilets and 2 showers
Single carport
Partly paved yard
Fully walled with secure gate
Investment Potential: This property is ideal for investors looking to earn consistent rental income from multiple units on one stand.
Contact me today to arrange a viewing.
Listed for sale at R1,200,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 33 listings in Protea Glen
Insight
Priced above the median for similar properties in the area. On a price-per-m² basis, it is 56% below the median. Floor size is 168% larger than typical for similar homes.
Similar properties pricing
Key differences
Affordability
R 11,780 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
33 similar listings
Medium similar-home inventory in Protea Glen
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
Protea Glen is a vibrant and growing residential area in Soweto, offering a mix of modern housing, convenient amenities, and a strong sense of community, making it an attractive place to settle down.
* Distances and amenities are approximate.
