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Homelake, Homelake, Randfontein, Gauteng
R 1 990 000
High-yield Investment property with multiple income streams. This income generating property presents an excellent opportunity for investors seeking strong rental returns and diversified income streams within a single acquisition. The property comprises a three-bedroom main house complemented by 5 separate flatlets, all offering independent rental potential: 1x 2-bedroom flatlet 3x 1 bedroom's flatlets 1x bachelor flatlet The multiple dwellings enchanting income stability and long-term yield performance. Key investment highlights: * Close to all amenities - just opposite Randfontein primary school. * Main house + 5 flatlets on one Erf. * Estimated gross rental income +/- R24 300.00 per month. * 5 Garages, adding value and tenant appeal. * Pet friendly, broadening tenant profile. * Two separate entrances. This asset is ideally suited for: * But-to-let investors. * Multi-tenant rental portfolios. * Extended-stay or mixed-use residential income strategies. With immediate income potential and scope to optimize rentals or enhance returns through upgrades, this property offers a compelling balance between cash flow and capital growth. De not wait, call today to view this property.
Estimated monthly repayment
R 18 792
on a R 1 791 000 bond over 20 years at 11.25%
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Homelake, Homelake, Randfontein, Gauteng
Liivra AI market value
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Fair-value check
Priced highPriced 114% above comparable 3-bed houses for sale in Homelake
Based on 22 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Sizwe Sibanda
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