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Three bedrooms, two bathrooms, 406 m² floor size on a 2054 m² stand with two flatlets and rental income potential.
Discover a Prime Investment Opportunity
Unlock the potential of this spacious property, perfect for savvy investors and families alike. Featuring three bedrooms and two bathrooms, the home boasts a large kitchen, an expansive lounge, and a generous dining room, offering ample space for comfortable family living and entertaining.
Enhancing the property's appeal are two additional flatlets. The first is a double-story unit with an impressively large living area and an oversized bedroom complete with an en-suite bathroom. The second flatlet offers a cozy bedroom, living space, and bathroom, making it ideal for guests or as a source of rental income.
Nestled on a substantial 2021 sqm stand, the property is a haven for nature lovers, adorned with a variety of fruit trees, including blackberries. While some updates are needed—such as repairs to the electric gate and fence and a fresh coat of paint—these minor improvements present an opportunity to add personal touches and enhance the property's value.
Currently, the flatlets generate twelve thousand rands per month in rental income. Imagine the increased returns if the main house were rented out as well, potentially adding another Eleven thousand rands to your monthly income. This makes the property an attractive choice for investors looking to maximise their investment.
Don't let this opportunity slip away—call now to arrange a viewing and take the first step toward securing this lucrative investment!
Listed for sale at R1,500,000
How this home compares with 415 active listings in Johannesburg.
Insight
Priced 11% above the local median — but still inside the typical range for Johannesburg.
It's larger 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.
Similar properties pricing
Key differences
Good value · based on 201 listings
Above-average space · based on 201 listings
Market depth
415 listings
Similar homes town-wide
109 days
Median time on market
Many similar homes
Active across Johannesburg
Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Lombardy East is a quiet, well-established residential suburb in Johannesburg that offers residents a peaceful suburban lifestyle with convenient access to major highways and essential urban amenities.
* Distances and amenities are approximate.
