House for sale
Earn steady urban income with this Glenesk property — close to Johannesburg CBD and transport, four rental units with private balcony and strong tenant demand, immediate cash flow.
Strong Rental Income | Excellent ROI Opportunity
This well-positioned investment property in Glenesk offers immediate income and long-term growth potential. Ideal for investors looking for a solid, income-generating asset.
Property Features:
4 Rental Units in Total
3 × Units: 2 bedrooms, lounge, kitchen & bathroom
1 × Unit: 1 bedroom, lounge, kitchen, bathroom & private balcony
Fully functional layout with good tenant appeal
Well-maintained and designed for easy letting
Current Rental Income:
R23,100 per month
Location – Glenesk, Johannesburg:
Close to main transport routes
Easy access to Johannesburg CBD
Near schools, shops, and amenities
Why This Property?
Immediate cash flow from existing rentals
Multiple units reduce vacancy risk
High demand rental area
Perfect for both seasoned and first-time investors
Don’t miss out!
Contact now to arrange a viewing and secure this income-generating property.
8020
Listed for sale at R1,699,000
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 (R1.3M–R3.5M).
Price comparison based on 30 similar-sized 5+ bed homes.
Market depth
30 similar homes
33 listings across Johannesburg
82 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.
Glenesk is an established, centrally located Johannesburg suburb offering residents affordable urban living with convenient access to major transport routes, schools, and commercial hubs.
