Townhouse for sale
Enjoy low-maintenance living and steady rental income in Ridgeway, close to shops and schools, with a private enclosed garden and open-plan kitchen—three bedrooms, one bathroom, single covered parking.
Investors Gem - This property comes with an existing tenant residing in the property with a 12 month signed lease in place. Return of Investment calculated to be 7%!
This neat and secure 3-bedroom, 1 bathroom townhouse is ideally located in the Ridgeway area. The home offers a nicely sized kitchen with good cupboard space, flowing into a comfortable living area that is perfect for everyday living. A small enclosed private garden provides a pleasant outdoor space, while the fully fenced property ensures added security and peace of mind in your own space and garden.
Key Features:
- 3 bedrooms
- 1 bathroom
- Nicely sized kitchen with cupboard space
- Open plan living area
- Private Enclosed garden
- Fully fenced townhouse
- Convenient Ridgeway location close to amenities such as grocery stores, high schools, doctors, dentists and convenience stores.
Listed for sale at R520,000
How does this home’s price compare with similar properties?
Price comparison based on 31 similar-sized 2–4 bed homes.
Insight
Priced 24% below the local median - and below the typical range across Johannesburg.
Compared with 31 similar homes (35 listings) across Johannesburg.
The lower price may partly reflect the smaller floor size. 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.
Around R570k typical in Ridgeway (small sample of 3).
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Ridgeway is a well-established, family-oriented residential suburb in Johannesburg South that offers convenient access to major highways, reputable schools, and essential local amenities.
