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Orange Grove, Orange Grove, East London, Eastern Cape
R 1 350 000
?? Investment! Investment! Investment! ?? Prime Income-Generating Investment Opportunity in Orange Grove! Calling all investors! This is a rare opportunity to secure a high-performing income-generating property in the heart of Orange Grove. Whether you’re an experienced property investor or looking to expand your portfolio, this property offers immediate rental income with excellent long-term growth potential. Currently generating an impressive R26,000 per month in rental income, this property has been configured to maximize returns while remaining well maintained. It consists of five spacious bachelor units, each with its own en-suite bathroom, providing comfortable and private accommodation for tenants. These units are in high demand and offer a reliable stream of rental income. The property also boasts a 4-bedroom main house, ideal for additional rental income or owner occupation. The main house features a neat, well-maintained kitchen, generous living spaces, and a practical layout that caters to comfortable family living. The overall condition of the property reflects good maintenance, allowing the new owner to continue generating income from day one with minimal additional investment. Situated in the well-established suburb of Orange Grove, the property enjoys easy access to major transport routes, schools, shopping centres, places of worship, healthcare facilities, and other essential amenities. Its convenient location makes it highly attractive to tenants, contributing to consistent occupancy and strong rental demand. At an asking price of only R1,350,000, this property represents exceptional value for money. With an existing monthly income of R26,000, it offers an attractive return on investment and outstanding potential for future capital appreciation. Properties with this level of income and this price tag are hard to find. This is a genuine bargain and won’t remain on the market for long.
Estimated monthly repayment
R 12 748
on a R 1 215 000 bond over 20 years at 11.25%
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Orange Grove, Orange Grove, East London, Eastern Cape
Liivra AI market value
AI estimate only; not a valuation. Consult a registered valuer or estate agent before making an offer.
Fair-value check
Fairly pricedIn line with comparable 4-bed houses for sale in Orange Grove
Based on 16 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Noluthando Mbeki
Unclaimed listing — claim it to verify
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