House for sale
Perfect for investors or B&B entrepreneurs seeking turnkey income in the heart of Cyrildene, with an enclosed veranda offering city views, multiple flats, eight bedrooms and convertible five-car garage.
Calling for Investors from R 4,000,000
We present an exceptional property in the heart of Cyrildene, featuring a main house with 4 spacious bedrooms, 3 bathrooms, 2 large lounges, and 2 expansive kitchens. Enjoy the stunning views of the city from the enclosed veranda, along with an inviting entrance hall. This property offers ample parking for 8 vehicles and a garage that accommodates 5 cars, which can easily be transformed into an additional 2-bedroom cottage. The main house is also equipped with a solar panel for energy efficiency.
Currently, this property generates a total income of R 40,500. A significant advantage is its potential for conversion into a Bed & Breakfast.
OUTBUILDINGS:
Flat 1
Located on the left side of the main house, this 2-bedroom cottage features 2 bathrooms, an open-plan lounge, and a kitchen, complete with a cozy courtyard.
Flat 2
This flat includes 2 bedrooms, 2 bathrooms, a lounge, and a kitchen.
Flat 3
The third flat consists of 2 bedrooms, 1 bathroom, and an open-plan kitchen and lounge area.
Flat 4
The fourth flat offers 1 bedroom, 1 bathroom, and an open-plan kitchen.
Don’t miss this incredible investment opportunity!
Listed for sale at R4,350,000
Wide price range across Johannesburg
Prices vary widely across Johannesburg, so a like-for-like comparison isn't reliable for this home.
Above the typical range for Johannesburg.
Market depth
148 similar homes
154 listings across Johannesburg
93 days
Median time on market
Many similar homes
Active across Johannesburg
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Cyrildene is a vibrant, centrally located suburb in Johannesburg known for its strong sense of community and its famous Chinatown district along Derrick Avenue.