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Investment-ready 1000 sqm property in an established, apartment-filled neighbourhood — convert eight vacant rooms into proven high-yield rental units or startups; seven bedrooms, three bathrooms.
This 1000 SQM property is in a well-established neighborhood with apartments all around making it a lucrative business opportunity.
The area has been developed into small rental units catering for the lower income residents and can be used for startup businesses.
Comprising of a total of 8 rooms which are currently not occupied and can be transformed into apartments which has been proven to have a very good yield in the area.
Don't miss out on this opportunity
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R1,600,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 213 listings in Johannesburg (town)
Insight
Priced below the median for similar properties in the area.
Similar properties pricing
Market depth
213 similar listings
High similar-home inventory town-wide (Johannesburg)
Median time on market: 143 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.
