House for sale
Earn strong rental returns in vibrant Cyrildene/Bruma, steps from shops and transport. Partially renovated boarding-house/Airbnb layout with backup ZoZo tanks; nine bedrooms, nine bathrooms.
_SOLE MANDATED - AGENTS DON'T PHONE THE OWNER - HE IS NOT INTO OTHER AGENTS._
Prime Investment Opportunity – Cyrildene / Bruma
Attention property investors: this is a high-potential income-generating asset waiting to be completed and maximized.
This partially renovated property was originally intended for a boarding house / Airbnb-style development, offering immediate upside for the right buyer.
Property Breakdown:
Outside:
* 4 Bedrooms
* 3 Shower areas (2 with toilets, 1 fitted with 5 showers)
* 5 Toilets
Main House:
* 5 Bedrooms
* 1 Bathroom
* Remote-controlled access gates
* ZoZo water tanks (ideal for backup water supply)
Total Offering:
* 9 Bedrooms
* 9 Bathrooms
Stand Size: 916 sqm
Location: Cyrildene / Bruma
Price: R2,000,000 (sold as is)
* * *
Why This Makes Financial Sense:
* Potential rental income: ± R3,500 per unit
* 9 units = ± R31,500/month gross income
* Estimated bond: ± R18,000/month
* Positive cash flow from day one (± R13,500/month)
Return on Investment:
* Estimated payoff period: ± 63 months (5.3 years)
* High demand area for affordable rentals and short-term stays
* Flexible exit strategy: long-term rentals, Airbnb, or resale after completion
* * *
Investor Advantages:
* Renovation already started – save time and initial costs
* No fixed plans – redesign to suit your investment strategy
* Convert back to a residential home or maximize density for rentals
* Strong rental demand in the area
* * *
Bottom Line:
This is not just a property — it’s a cash-flow project with scale potential. Perfect for investors looking to build a rental portfolio or enter the accommodation market with strong returns.
Invest smart today. Build long-term wealth tomorrow.
LRF-WG001
Listed for sale at R2,000,000
Price reduced by 10.0% to R1,800,000
Compared with 204 active listings in Johannesburg.
Insight
Priced 8% below the local median — but still inside the typical range for Johannesburg.
It's larger than typical, which helps explain where it sits in the range. Benchmarked on town-level data where the suburb sample is limited. Premium pockets may trade above town averages — check with the agent for local guidance.
Similar properties pricing
Key differences
Good value · based on 92 listings
Above-average space · based on 92 listings
Market depth
204 listings
Similar homes town-wide
132 days
Median time on market
Many similar homes
Active across Johannesburg
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 residential suburb known for its unique cultural character, particularly its bustling Chinatown along Derrick Avenue, offering residents convenient access to major highways and diverse urban amenities.
