House for sale
Secure estate living in Waterfall East near Waterfall Mall and schools — three self-contained, fully tenanted units (seven beds, five baths, five covered), R29,000 monthly.
This is an outstanding income producing investment property situated within the prestigious Vatican City Estate in Waterfall East. Designed to maximise rental returns, the property comprises three separate residential units and is fully occupied by established tenants, providing immediate income from transfer.
Property Configuration
Unit 1
- 3 Bedrooms
- Lounge
- Kitchen
- Two bathrooms (one with a large bathtub and shower, one with a shower)
Current Rental Income: R11,500 per month
Unit 2
- 2 Bedrooms
- Lounge
- Kitchen
- One bathroom
Current Rental Income: R8,500 per month
Unit 3
- 2 Bedrooms
- Lounge
- Kitchen
- Dining area
- Balcony
- Shared bathroom
Current Rental Income: R9,000 per month
Total Monthly Rental Income
R29,000
Investment Highlights
- Fully tenanted with established tenants.
- Three self-contained residential units.
- Secure estate with controlled access.
- Prime location close to Waterfall Mall, shopping centres, banks, restaurants and quality private schools.
- Strong demand for rental accommodation in the area.
- Attractive cash flow with future rental growth potential.
- Excellent long-term capital appreciation prospects.
Listed for sale at R3,550,000
How does this home’s price compare with similar properties?
Price comparison based on 6 similar-sized 5+ bed homes.
Insight
Priced 3% above the local median - but still inside the typical range across Rustenburg.
Compared with 6 similar active listings across Rustenburg.
It is higher per m² than typical, which helps explain where it sits in the range. 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.
Waterval East is a rapidly developing, modern residential suburb in Rustenburg that offers convenient access to major shopping hubs, essential services, and key transport routes, making it an ideal location for families and professionals.
