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Passive income opportunity in Glenesk, close to Johannesburg CBD, schools and shops. Four income-generating units — including a one-bedroom with private balcony — seven beds, two baths.
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. Ref 8020
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R1,699,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 211 listings in Johannesburg (town)
Insight
Priced below the median for similar properties in the area. On a price-per-m² basis, it is 24% below the median.
Similar properties pricing
Key differences
Market depth
211 similar listings
High similar-home inventory town-wide (Johannesburg)
Median time on market: 142 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
Glenesk is a quiet, centrally located residential suburb in Johannesburg South that offers affordable housing options and convenient access to the city's major industrial hubs and arterial transport routes.
* Distances and amenities are approximate.
