House for sale
Secure reliable rental income in vibrant Berea, Johannesburg — established multi-tenant property with two cottages, ample parking and eight bedrooms, generating R16,000/month.
A Golden Investment Opportunity to own a multi-tenant property in Berea, Johannesburg
This property is Situated in the high-demand rental hub of Berea, Johannesburg, this expansive property is tailor-made for savvy investors looking to maximize their monthly yields and secure immediate cash flow.
Features:
- 8 bedrooms house
- 3 bathrooms
- With 2 cottages at the back
- Large parking space
Skip the stress of finding tenants or dealing with early vacancies. This property is already fully occupied.
Generating R16,000 per month exclusive water and electricity.
The property currently utilizes an on-site caretaker who manages the premises in exchange for staying in one of the cottages (no cash salary paid).
A new owner doesn’t have to keep the caretaker and can rent out his cottage as well
Call us today to schedule an appointment for viewing.
Listed for sale at R999,999
Wide price range across Johannesburg
Prices vary widely across Johannesburg, so a like-for-like comparison isn't reliable for this home.
Below the typical range for Johannesburg.
Price comparison based on 27 similar-sized 5+ bed homes.
Market depth
27 similar homes
29 listings across Johannesburg
88 days
Median time on market
Medium inventory
Active across Johannesburg
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Berea is a centrally located, high-density urban suburb that offers residents unparalleled access to Johannesburg's inner-city business hubs, historic architecture, and a vibrant, fast-paced metropolitan lifestyle.
