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Selection Park, Selection Park, Springs, Gauteng
R 5 490 000
Investment Opportunity: 8 x 3-Bedroom Flats + 1 Studio Apartment in One Block This well-maintained block offers strong monthly income and low hassle management. Each of the 8 flats has 3 spacious bedrooms, an open-plan lounge and kitchen perfect for modern living, and a bathroom with shower, toilet, and basin. The main bedroom is en-suite with a shower, toilet, basin, and bathtub for added comfort. There’s also a self-contained studio apartment ideal for singles or students. All units are very spacious, clean, and move-in ready. Income breakdown: 8 x 3-bedroom flats: R7,500/month each = R60,000 1 x Studio apartment: R4,000/month Total monthly rental income: R64,000 Extra perks: Every unit has its own prepaid electricity meter – no billing headaches for you as the landlord Low maintenance setup with a single block layout Units are clean and well-kept, attracting quality tenants This is a great buy for anyone looking for a straightforward rental portfolio under one roof!!!
Estimated monthly repayment
R 51 844
on a R 4 941 000 bond over 20 years at 11.25%
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Selection Park, Selection Park, Springs, Gauteng
Fair-value check
Priced highPriced 1345% above comparable 1-bed apartments for sale in Selection Park
Based on 9 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Dylan Mbeki
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