R 1,828,063Investor’s Dream – Income-Generating Property for SaleGermiston, Elspark
3 2 4 457 m² 991 m²
Looking for a smart property investment that pays for itself? This well-maintained income-generating property is fully tenanted and ready to start earning from day one.
Property Overview:
Main house plus five separate flats
All units equipped with prepaid electricity and water
Total monthly rental income: R25,000
Water and electricity bills are paid by tenants
Approved building plans and occupancy certificate in place
Secure, fully walled property with barbed wire
Centrally located and in excellent condition
Current Rental Breakdown:
Main House – R7,000/month
3 bedrooms, kitchen, scullery, large lounge, dining room, separate toilet and bathroom
Flat 1 – R3,600/month
2 bedrooms, open-plan kitchen and lounge, en-suite bathroom
Flat 2 – R4,250/month
2 bedrooms, kitchen, lounge, en-suite bathroom, private yard
Flat 3 – R3,500/month
1 bedroom, open-plan kitchen and lounge, separate bathroom, private entrance and yard
Flat 4 – R4,500/month
2 bedrooms, open-plan kitchen and large lounge, small private yard
Flat 5 (Bachelor/1-bedroom) – R2,600/month
Kitchen and lounge combined, separate bedroom
All units are within a secure complex with a shared access gate.
This is the ideal opportunity for serious investors looking for immediate return on investment.
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Garden
Pet friendly
Listing Number
7236864
Type of Property
House ( Full Free Title)
Listing Date
31 Dec 2025
Erf Size
991m²
Floor Size
457m²
Rates and Taxes
R1500
Furnished
No
Bedrooms
3
Bathrooms
2
Dining Room
1
Kitchen
1
Livingroom
1
Entrance Hall
1
Garage
2
Parking
2
Flatlet
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*Disclaimer: Please note that by default this calculator uses the prime interest rate for bond payment calculations. This is purely for convenience and not an indication of the interest rate that might be offered to you by a bank. This calculator is intended to provide estimates based on the indicated amounts, rates and fees. Whilst we make every effort to ensure the accuracy of these calculations, we cannot be held liable for inaccuracies. PlusGroup does not accept liability for any damages arising from the use of this calculator.
Calculator
Scan here!To start your bond pre-qualification process
*Disclaimer: Please note that by default this calculator uses the prime interest rate for bond payment calculations. This is purely for convenience and not an indication of the interest rate that might be offered to you by a bank. This calculator is intended to provide estimates based on the indicated amounts, rates and fees. Whilst we make every effort to ensure the accuracy of these calculations, we cannot be held liable for inaccuracies. PlusGroup does not accept liability for any damages arising from the use of this calculator.