House for sale
Low-maintenance rental living in Payneville, close to amenities, with eight move-in-ready one-bedroom units, secure 24-hour fenced site and space for 25 vehicles — ideal for expansion.
Newly built 1 bedroom units in Payneville - Excellent opportunity for investors
Excellent opportunity for investors with lots of room for expansion on this 3 stand land. Eight newly built 1 bedroom units available, move in ready with lounge/dining area, 1 bedroom, toilet and shower. Units are pre-paid. Rental per unit is FR3600, lots of room for expansion.
Existing plan as well as the foundation is ready for the next 11 units, there is still place for expansion. T his land has room for 25 vehicles is well fenced with 24 hr security.
Be the next rental hub of Payneville.
Don't delay invest today!
Listed for sale at R3,000,000
How does this home’s price compare with similar properties?
Insight
Priced 329% above the local median - and above the typical range across Springs.
Compared with 23 studio–2 bed homes (26 listings) across Springs.
Buyers should compare condition, position, views, finishes and floor size before deciding. 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.
Payneville is a well-established residential suburb in Springs that offers affordable housing options and convenient access to the industrial and commercial hubs of the East Rand.
