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Flexible live-and-earn property on a tree-lined street close to amenities, featuring three income-producing apartments (over 10% ROI) and four bedrooms, three bathrooms, four garages.
This is an opportunity not to be missed and has been built by a person who has kept the duality of an income earner and if required can be opened and be a very well sized home.
The 1st apartment consists of a lounge, dining room and a fully fitted kitchen and one bathroom. The one bedroom has beautiful built-in cupboards with an integrated dressing and cupboards all around the entire room.
An income of R7500.00
The 2nd apartment is a 1-bedroom lounge and kitchen.
An income of R4500.00
The 3rd apartment is a one bedroom with built in cupboards a small kitchenette and bathroom.
An Income of R4500.00.
The ROI is well above 10% and an investment is well worth considering
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R1,350,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 200 listings in Johannesburg (town)
Insight
Priced below the median for similar properties in the area.
Similar properties pricing
Market depth
200 similar listings
High similar-home inventory town-wide (Johannesburg)
Median time on market: 149 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 13 is a well-established, family-oriented residential suburb known for its strong community spirit, spacious properties, and convenient access to essential local amenities.
* Distances and amenities are approximate.
