House for sale
Reliable investment in an established neighbourhood close to shops and transport — fully leased multi-unit property yielding R34,000+ monthly, including a five-bedroom main house.
Investment Opportunity: Lucrative Multi-Unit Property with Established Rental Income
Current owner collect more than R34 000 intental income per month
Discover a prime investment opportunity with this impressive property, fully leased and generating significant rental income. This versatile estate offers a blend of residential accommodations, making it an ideal choice for investors seeking a reliable income stream.
The main house features five generously sized bedrooms, all currently rented out. Each bedroom within the main house commands a rental income of R2000 per month, except for one at R1800 per month. These well-maintained living spaces provide comfort and privacy, making them highly desirable for tenants.
Complementing the main house are two charming cottages. The first is a spacious 2-bedroom cottage, complete with a kitchen, dining area, and bathroom, renting out at R5000 per month. The second is a cozy 1-bedroom cottage with its own kitchen and bathroom, generating R3000 per month in rental income. These cottages add versatility to the property, appealing to small families or individuals seeking a private living space.
Additionally, the property includes seven 1-bedroom flatlets, each with access to shared external facilities including an outside toilet and shower. The flatlets are currently leased as follows: four rooms at R1600 per month, one room at R1200 per month, another at R1000 per month, and the final room at R1400 per month. These affordable options attract a steady stream of tenants, ensuring consistent occupancy.
This property presents an exceptional opportunity for investors looking to capitalize on a well-established rental market. With a diverse range of accommodations and robust rental income from multiple units, this investment promises both stability and growth potential. Don't miss your chance to own a property that offers immediate returns and long-term benefits. Contact us today to arrange a viewing and secure this outstanding investment.
Listed for sale at R1,400,000
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 (R1.2M–R2.7M).
Price comparison based on 31 similar-sized 5+ bed homes.
Market depth
31 similar homes
33 listings across Johannesburg
92 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.
Haddon is a quiet, established residential suburb in the south of Johannesburg that offers affordable family living with convenient access to major transport routes and essential urban amenities.
