Investor-ready Cyrildene home offers panoramic city views and central convenience, income-producing flats with B&B potential, solar-powered main house, convertible five-car garage, eight beds, eight baths.
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 R4,390,000
Price reduced by 0.9% to R4,350,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 216 listings in Johannesburg (town)
Insight
Priced above the median for similar properties in the area.
Benchmark uses town-level data where suburb sample size is limited. Premium areas may trade above town averages - check with the agent for local guidance.
Similar properties pricing
Affordability
R 42,701 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
216 similar listings
High similar-home inventory town-wide (Johannesburg)
Median time on market: 171 days
* Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal. Smart Property Insights Model v1.0
Cyrildene offers a vibrant and culturally rich residential experience, particularly known for its authentic Chinese cuisine and community atmosphere.
* Distances and amenities are approximate.