2 Bedroom House in Victoria Park

Freehold Victoria Park Investment | No Levies | 13 Combined Return

Henk specializes in brokering fast, focused, investment-driven property deals

Freehold. No levies. Current rent of R10,400 p.m. This Victoria Park home offers investors a rare mix of income, growth, and upside. Victoria Park is a safe, community-style pocket with patrol guard presence.

At R1,520,000, the current rental gives:

Gross rental yield: 8.2

Net yield after rates only: 7.7

5-year area growth: 5.3 p.a. compounded

Combined net rental historical growth: 13.0 p.a.

Location is a major win:

2km to Somerset Mall

3km to Strand beachfront

Close to schools, shops, medical facilities, and main routes

Because this is freehold, investors also get real renovation and expansion upside: no body corporate, no levies, and more flexibility to improve the property over time. A solid buy for investors or owners wanting rental income now, long-term growth, and value-add potential.