2 Bedroom House for sale 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.