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61 Muir Avenue, Brakpan Central, Brakpan, Gauteng
R 699 000
Why to Buy? Fully established multi-let investment property 5 income-generating rental rooms Separate cottage providing additional rental income Garage currently rented separately Strong monthly rental income from multiple tenants Spacious stand with ample parking space Functional communal living facilities Ideal turnkey investment with existing rental setup Opportunity to increase rental income over time Centrally located close to schools, shopping centres, public transport and major routes Current Monthly Rental Income Unit Monthly Rental Room 1 R2,500 Room 2 R1,800 Room 3 R2,200 Room 4 R1,800 Room 5 R2,200 Cottage R2,500 Garage R2,200 Total Monthly Rental Income: R15,200 Property Description Calling all investors! This excellent multi-let property in the heart of Brakpan presents a fantastic opportunity to secure a fully income-producing asset with multiple rental streams already in place. Designed to maximise rental returns, this property offers immediate cash flow while still providing scope for future growth. The property currently consists of five rentable rooms, each offering comfortable accommodation for tenants. In addition to the main accommodation, there is a separate cottage that generates its own rental income, while the garage is also independently rented, further increasing the property's earning potential. The current rental structure generates a combined monthly income of R15,200, making this an attractive investment for buyers looking to expand their property portfolio or generate reliable passive income. The property offers generous yard space with ample parking for tenants, while the layout allows for practical communal living. Its functional design makes management straightforward and ensures consistent demand from the rental market. Conveniently located close to shopping centres, schools, public transport, and major transport routes, the property enjoys excellent accessibility, making it highly attractive to tenants seeking affordable accommodation in a well-positioned area. Whether you are an experienced property investor or looking to purchase your first income-producing asset, this established multi-let offers immediate returns with the potential to further optimise rental income over time. DORICEL (PTY) LTD trading as RE/MAX Superior (Mulbarton) operates in terms of a franchise agreement with RE/MAX of Southern Africa.
Estimated monthly repayment
R 6 601
on a R 629 100 bond over 20 years at 11.25%
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61 Muir Avenue, Brakpan Central, Brakpan, Gauteng
Liivra AI market value
AI estimate only; not a valuation. Consult a registered valuer or estate agent before making an offer.
Fair-value check
Good valuePriced 29% below comparable 5-bed houses for sale in Brakpan Central
Based on 14 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Grace Reddy
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