House for sale
3 Bedroom house sale/income-generating property in forest hill,johannesburg
Entertainer's family compound in Forest Hill, moments from The Glen Shopping Centre — large lapa and braai area plus two income-generating cottages; 3-bed, 2-bath with covered parking.
A fantastic investment opportunity offering comfortable family living, additional rental income and excellent future development potential!
Situated in the sought-after residential area of Forest Hill, Johannesburg, this well-positioned property is ideal for investors looking to expand their property portfolio or homeowners seeking an additional income stream.
The property offers a spacious main residence, two large income-generating cottages and an inviting outdoor entertainment area.
MAIN HOUSE FEATURES
- 3 Spacious bedrooms with built-in cupboards.
- 2 Bathrooms, including a main en-suite.
- Spacious lounge, perfect for family relaxation.
- Separate dining area.
- Fully fitted kitchen with ample cupboard space.
ADDITIONAL RENTAL INCOME
The property boasts 2 large cottages, each offering:
- Comfortable living accommodation.
- Excellent rental potential.
Both cottages are currently occupied and generating rental income, making this an attractive opportunity for investors seeking an income-producing property.
OUTDOOR & ENTERTAINMENT FEATURES
- Spacious lapa area.
- Dedicated braai area, ideal for entertaining family and friends.
- Large yard with ample space.
- High boundary walls for added privacy and security.
- Secure entrance gate.
- Additional potential for future development or expansion, subject to the necessary approvals.
LOCATION & CONVENIENCE
Enjoy the convenience of living in Forest Hill, with access to:
- The Glen Shopping Centre for shopping, restaurants and entertainment.
- Nearby schools and educational facilities.
- Convenient access to major roads and surrounding Johannesburg suburbs.
- Nearby public transport and essential amenities.
WHY INVEST IN THIS PROPERTY?
This property offers more than just a home. It presents an opportunity to generate rental income from two additional cottages while enjoying the benefits of a spacious three-bedroom family residence.
Whether you are an experienced investor or a first-time property investor, this is an opportunity worth exploring!
📍 Location: Forest Hill, Johannesburg
Don't miss out! Contact Mmabatho today to arrange your private viewing and discover the investment potential this property has to offer.
Additional features
Ownership costs
Property history
Listed for sale at R2,999,000
Price reduced by 58.3% to R1,250,000
Smart property insights
Wide price range across Johannesburg
Prices vary widely across Johannesburg, so a like-for-like comparison isn't reliable for this home.
Within the typical range for Johannesburg (R1M–R1.8M).
Price comparison based on 72 similar-sized 3-bed homes.
Market depth
72 similar homes
76 listings across Johannesburg
100 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.
