House for sale
Perfect for investors seeking steady rental income near colleges and transit, this block of 12 bachelor units with kitchenettes offers immediate cashflow and upside to R43,000+/month.
Are you into the business of providing affordable accommodation? Then, this is for you to expand your business terrain and maximize your financial capacity.
This wholesome opportunity provides every investor to purchase these 12 units of bachelor apartments.
Then this is for you to maximize your business terrain and financial capacity.
Each unit have sustainable bedroom, kitchenette, fitted with shower and toilet.
This property CAN generate above R43,000.00 monthly in the new phase, BUT presently generates approximate R35,000 and netts R27,500 monthly. A good entrepreneur will restore this property to its glorious beauty and nett higher income with the presence colleges and skilled workers hunting affordable accommodation.
Joseph is just a dial away!
Listed for sale at R1,780,000
How does this home’s price compare with similar properties?
Price comparison based on 17 similar-sized 5+ bed homes.
Insight
Priced 21% above the local median - but still inside the typical range across Johannesburg.
Compared with 17 similar active listings across Johannesburg.
It is higher per m² than typical, which helps explain where it sits in the range. 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.
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Jeppestown South offers an industrial and urban residential character with convenient proximity to the Johannesburg inner city and major transport routes.
