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Reliable income property on a quiet street — a fully-let three-bedroom main house plus six occupied rental rooms, generating R20,000/month, close to shops and local amenities.
Discover an exceptional investment property that promises solid returns and minimal vacancy risk. This well-maintained estate features a main house with three fully-let bedrooms, ensuring a steady income stream. Additionally, there are six rental rooms outside, all of which are currently occupied, maximizing your rental potential.
Financial Highlights:
- Total Rental Income: R20,000 per month
Location Advantages:
Nestled in a charming and quiet street, this property offers the perfect blend of tranquility and convenience. Its strategic location ensures easy access to a variety of amenities, providing tenants with everything they need just a stone's throw away.
This is an outstanding opportunity for savvy investors looking to expand their portfolio with a property that delivers consistent income. Don't miss out on this chance to secure a profitable asset in a desirable area.
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R1,400,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 415 listings in Johannesburg (town)
Insight
Priced close to the median for similar properties. On a price-per-m² basis, it is 43% above the median. Floor size is 30% smaller than typical for similar homes.
Similar properties pricing
Key differences
Affordability
R 13,743 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
415 similar listings
High similar-home inventory town-wide (Johannesburg)
Median time on market: 133 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
Kenilworth is a quiet, well-established residential suburb in Johannesburg South that offers residents a peaceful suburban lifestyle with convenient access to major transport routes and essential community amenities.
* Distances and amenities are approximate.
