House for sale
Enjoy immediate, hands-off rental income in a bustling neighbourhood minutes from transport, shopping and schools; turnkey, fully tenanted property generating R31,000/month with 13 rooms and 3.5 baths.
Presenting a rare opportunity to acquire a well-maintained, high-yield rental property in a sought-after rental hotspot. This established investment property boasts 13 fully tenanted rooms, generating an impressive monthly rental income of approximately R31,000, offering immediate cash flow from day one.
Strategically located in a prime rental area, the property enjoys strong and consistent tenant demand due to its close proximity to major transport routes, shopping centres, schools, employment hubs, and other essential amenities. This desirable location ensures high occupancy rates and long-term rental sustainability.
The property has been meticulously maintained and is designed to maximise rental returns while minimising ongoing maintenance requirements. Whether you are an experienced investor looking to expand your portfolio or a first-time buyer seeking a stable income-generating asset, this property presents an outstanding opportunity to secure a proven performer in a thriving rental market.
Investment Highlights:
13 fully occupied rental rooms
Approximate rental income of R31,000 per month
Immediate return on investment
Prime high-demand rental location
Close to public transport and key amenities
Well-maintained and professionally managed
Strong occupancy history and consistent cash flow
Excellent opportunity for portfolio growth and wealth creation
Don't miss the chance to own a turnkey investment property that delivers reliable income and long-term growth potential.
Listed for sale at R1,650,000
Compared with 207 active listings in Johannesburg.
Insight
Priced 16% below the local median — but still inside the typical range for Johannesburg.
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
Market depth
207 listings
Similar homes town-wide
137 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.
Highlands North is a well-established, centrally located residential suburb in Johannesburg that offers a peaceful, family-oriented atmosphere with convenient access to major business hubs and essential urban amenities.
