House for sale
Enjoy effortless income in vibrant N1 City, steps from the mall and hospital, with pool and built-in braai entertainment area — fully tenanted with multiple en-suite bedrooms and parking.
An exceptional opportunity to acquire a fully tenanted, income-generating property in a sought-after location. Currently generating ±R40,000 per month in rental income, this investment offers immediate cash flow with established tenants already in place.
Designed with rental income in mind, the property features 8 spacious bedrooms, 8 en-suite bathrooms, and 8 secure parking bays, providing comfortable accommodation while maximizing rental potential.
Ideally situated close to N1 City Mall, N1 City Hospital, and with easy access to major transport routes and public transport, the property enjoys a highly desirable location for tenants, helping to support strong occupancy levels.
Additional features include:
8 Spacious bedrooms
8 En-suite bathrooms
8 Secure parking bays
Fully tenanted
±R40,000 monthly rental income
Individual prepaid electricity meters
Water storage tanks
Swimming pool
Built-in braai/entertainment area
Excellent access to major roads and public transport
Low-maintenance, high-yield investment
Whether you're expanding your investment portfolio or looking for a property that delivers immediate returns, this is a rare opportunity to secure a proven income-producing asset in a high-demand rental area. With its strong rental performance, prime location, and investor-friendly features, this property is well positioned to provide consistent cash flow and long-term capital growth.
Contact me today to arrange a private viewing and discover the value this outstanding investment has to offer.
Saeed Williams is a representative of Real Estate Power cc t/a REAL REALTY
Listed for sale at R2,799,999
Compared with 49 active listings in Goodwood.
Insight
Priced 14% above the local median — but still inside the typical range for Goodwood.
It's larger 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.
Similar properties pricing
Key differences
Premium priced · based on 31 listings
Large at a premium · based on 31 listings
Market depth
49 listings
Similar homes town-wide
55 days
Median time on market
Many similar homes
Active across Goodwood
Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Richmond in Goodwood is a well-established, centrally located residential suburb that offers families and professionals convenient access to major transport routes, essential amenities, and a quiet suburban lifestyle.
