House for sale
Ideal for savvy investors in Mayfair West, steps from University of Johannesburg and transport; multi-unit property with 8 en-suite bedrooms, two flatlets and income-generating hair salon.
Exceptional Investment Opportunity – Multi-Unit Property in Mayfair West
Unlock the potential of this outstanding income-generating property, perfectly positioned in the well-established suburb of Mayfair West, Johannesburg. Offering multiple accommodation options and excellent rental prospects, this versatile property is ideal for investors, guest house operators, student accommodation, or extended families seeking additional income.
The main residence features 8 generously sized bedrooms, each complemented by its own en - suite bathroom, providing comfort, privacy, and convenience for every occupant. The spacious kitchen is thoughtfully designed with granite countertops, an oven and hob, ample cupboard space, making it well-equipped to cater to multiple residents.
A welcoming lounge creates a comfortable communal living space, while the entrance hall, dedicated laundry room, and storeroom enhance the property`s practicality and functionality.
Adding exceptional value are two separate flatlets and a hair salon, creating multiple income streams or providing accommodation for extended family, staff, or tenants. Whether you`re looking to establish a boarding house, guest accommodation, or maximize rental returns, this property offers endless possibilities.
Property Features
·8 spacious bedrooms, each with its own bathroom
·Two self-contained flatlets
·Separate studio apartment
·Spacious communal lounge
·Large kitchen with granite countertops, oven & hob
·Entrance hall
·Laundry room
·Storeroom
·Built-in cupboards throughout
·Tiled flooring
·Aluminium and steel window frames
·Gas geyser
·Secure parking
·Fully walled with security gate
Conveniently located close to University of Johannesburg, public transport routes, including bus and minibus taxi services, this property offers excellent accessibility for tenants, making it an attractive investment in a high-demand rental area.
Whether you`re expanding your property portfolio or looking for a high-yield investment with multiple income streams, this unique property presents an opportunity not to be missed.
Contact us today to arrange a private viewing and discover the exceptional investment potential this property has to offer.
Listed for sale at R2,995,000
Compared with 203 active listings in Johannesburg.
Insight
Priced 49% above the local median — and above the typical range for Johannesburg.
It costs more per m² than similar homes — buyers should compare condition, position, views, finishes and floor size before deciding. 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
Premium priced · based on 97 listings
Compact at a premium · based on 97 listings
Market depth
203 listings
Similar homes town-wide
134 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.
Mayfair West is a well-established, centrally located residential suburb in Johannesburg that offers affordable housing options and convenient access to major business hubs and transport routes.
