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Tap into vibrant street life and excellent footfall on Lenasia’s main road, ideal for redevelopment into shops and rental flats; four bedrooms, two bathrooms on 496 m².
This 4 bedroom home on Lenasia’s busiest main road is more than just a residence — it’s a prime investment opportunity in one of the most sought after locations. With its high traffic frontage and central positioning, the property is perfectly suited for redevelopment into shops and rental flats, offering investors the chance to generate steady passive income. The combination of strategic location, strong demand, and versatile potential makes this property an ideal choice for those looking to maximize returns through mixed use development.
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Listed for sale at R2,300,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 211 listings in Johannesburg (town)
Insight
Priced above the median for similar properties in the area.
Benchmark uses town-level data where suburb sample size is limited. Premium areas may trade above town averages - check with the agent for local guidance.
Similar properties pricing
Affordability
R 22,578 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
211 similar listings
High similar-home inventory town-wide (Johannesburg)
Median time on market: 160 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
Lenasia Extension 1 is a well-established, community-focused residential suburb known for its rich cultural heritage, convenient access to local amenities, and a strong sense of neighborhood belonging.
* Distances and amenities are approximate.
