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Effortless urban rental income near the university, CBD and major mall — fully tenanted 27-flat block with secure, fenced grounds and one parking bay per unit.
An exceptional investment opportunity perfectly located near major amenities, including a university, central business district, and a popular shopping mall. This fully tenanted block of flats offers strong rental income and long-term growth potential.
Property Features:
🏢 27 Flats in Total:
5 x Large 2-Bedroom Units
12 x Standard 2-Bedroom Units
10 x 1-Bedroom Units
🚗 One Parking Bay Per Unit Included
🔐 Secure, Fully Fenced Property
📍 Prime Location: Close to university, CBD, public transport, and retail
Financials:
💰 Total Annual Rental Income: ±R1,905,000
High occupancy and consistent rental demand in the area
Ideal for investors seeking stable returns and capital growth
Listed for sale at R20,000,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 24 listings in Kimberley (town)
Insight
Priced above the median for similar properties in the area.
Benchmark uses town-level data where suburb sample size is limited. Premium areas may trade above town averages - check with the agent for local guidance.
Similar properties pricing
Affordability
R 196,329 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
24 similar listings
Medium similar-home inventory town-wide (Kimberley)
Median time on market: 240 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
Albertynshof is a peaceful residential area in Kimberley, offering a relaxed lifestyle with convenient access to essential amenities and the city center.
* Distances and amenities are approximate.
