House for sale
Income-producing, hassle-free living in popular Strubensvale, Springs — three-bedroom main house plus nine fully occupied flats, prepaid electricity and generous parking for tenants.
EXCLUSIVE SOLE MANDATE
Exceptional investment opportunity in Strubensvale, Springs. This spacious property features a comfortable 3-bedroom main house along with 9 additional flats, offering excellent rental potential. The main house provides generous living spaces and well-sized bedrooms, while the flats vary in size from bachelor units to a 3-bedroom flat, catering to a range of tenants and maximizing rental demand.
Exclusive Mandate
The property includes double garages for the main house and 8 parking bays for the flats, ensuring ample parking for residents. Electricity is prepaid, making utility management simple for tenants. Conveniently located close to schools, shops, and major routes, this property offers an estimated rental income of around R55,000 per month, making it an ideal opportunity for investors looking for strong returns.
The units are all occupied and they are in high demand. Strubenvale is a very popular and safe suburb in Springs.
Listed for sale at R7,000,000
Wide price range across Springs
Prices vary widely across Springs, so a like-for-like comparison isn't reliable for this home.
Above the typical range for Springs.
Market depth
18 similar homes
19 listings across Springs
127 days
Median time on market
Medium inventory
Active across Springs
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Strubenvale is a quiet, established residential suburb in Springs that offers affordable family living with convenient access to essential local services and major transport routes.