This exceptional multi-home Investment property in Norkem Park Ext 4 generates +-R30,000 p/m.
An outstanding opportunity for investors – this expansive property located in Norkem Park Extension 4 offers three houses on one stand with multiple income-generating cottages and rooms, all meticulously designed for high occupancy and tenant comfort.
With more than 10 fully tiled bedrooms and a monthly rental income exceeding R30,000, this is a turn-key investment that pays for itself.
Property Features:
Three Free-Standing Houses
Each home is self-contained with multiple cottages, some with kitchenettes, showers and bathrooms—ideal for extended family use or sub-letting.
Over 10 single rooms in for multi-letting.
The houses collectively offer well over 10 tiled bedrooms, each spacious and low-maintenance—designed for durability and comfort.
Multiple cottages with private bathrooms.
Several fully equipped cottages are situated on the property, each with its own private toilet and shower. These units are consistently occupied and contribute significantly to the monthly rental income.
Secure Parking
Space for multiple vehicles within the fully fenced property,
The property is fully walled with lockable gates, ensuring privacy and safety for all tenants.
Utilities
Prepaid electricity installed in all rooms and cottages for efficient tenant management and cost control.
Income Potential:
Rental Income: Over R30,000 per Month
All units are currently tenanted with a strong track record of occupancy, making this property a ready-made portfolio addition for savvy investors.
Location Highlights:
Centrally located in Norkem Park Ext 4, a sought-after suburb in Kempton Park
Close to Norkem Mall, schools, transport routes, and essential amenities
Easy access to R25, R21, and OR Tambo International Airport
Family-friendly neighborhood with strong rental demand
Investment Snapshot:
Multiple Cottages with own bathrooms
Over 10 occupied rooms
Monthly Income: Over R30,000pm and high occupancy & growth potential
Don’t miss this income-generating gem! Book a private viewing today and secure your next profitable investment in a high-demand area.