House for sale
3 Unit Investment Property For Sale in Riverlea, Johannesburg
Generate immediate rental income in Riverlea — minutes from Sandton, Rosebank and the CBD. Three income-producing units (four beds, three baths) on a 250 m² plot.
INVESTORS, STOP SCROLLING. Seriously.
What if I told you there was a property tucked away in one of Johannesburg`s best-kept secrets, generating income right now, sitting within easy reach of almost everywhere that matters?
Welcome to Riverlea – the location that quietly keeps winning.
Approximately:
* 18 minutes to Sandton
* 12 minutes to Johannesburg CBD
* 12 minutes to Rosebank
* 12 minutes to Parktown
* 15 minutes to Florida
* 12 minutes to Soweto
If property investing is all about location, location, location, then this one clearly understood the assignment.
Income-Producing From Day One
Currently generating R11,000 per month in rental income, this property is already doing what investors love most: putting money to work.
And here`s where things get interesting...
The rentals have not been increased in quite some time, presenting a golden opportunity for a savvy investor to review and renegotiate lease agreements, potentially unlocking even greater returns.
Three Units. Multiple Possibilities.
Whether you`re looking for a rental portfolio addition, staff accommodation, communal living, student housing, or multi-generational living, this property offers flexibility in abundance.
Unit 1
The larger of the three units offers:
2 generously sized bedrooms
1 bathroom
Comfortable lounge
Kitchenette
With a little vision and a touch of TLC, this space could become the cornerstone of a highly desirable communal living setup.
Units 2 & 3
Twin units that mirror each other perfectly, each offering:
Open-plan lounge and kitchenette
Bedroom with built-in cupboard space
Bathroom with shower, toilet and basin
Practical, functional and perfectly suited to the rental market.
Why Investors Will Love This Property
Existing rental income
Three separate income-producing units
Excellent central location
Strong rental demand corridor
Opportunity to improve returns
Potential value-add through upgrades and modernization
Multiple exit strategies
The Bottom Line
This isn`t the flashy property that spends all day taking selfies for Instagram.
This is the property quietly sitting in a strategic location, collecting rent, offering upside potential, and waiting for the right investor to recognise the opportunity.
The question isn`t whether this property has potential.
The question is:
How quickly can you get here before another investor beats you to it?
Contact us today to arrange your viewing and discover why Riverlea may just be Johannesburg`s most underrated investment address.
Opportunities like this don`t stay secret for long.
Property history
Listed for sale at R1,049,000
Price reduced by 0.4% to R1,045,000
Price reduced by 1.0% to R1,035,000
Price reduced by 0.5% to R1,030,000
Smart property insights
Wide price range across Johannesburg
Prices vary widely across Johannesburg, so a like-for-like comparison isn't reliable for this home.
Below the typical range for Johannesburg.
Market depth
196 similar homes
217 listings across Johannesburg
113 days
Median time on market
Many similar homes
Active across Johannesburg
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
