Loading property...
+8
More Photos
Investors' dream in Townsview — steps from shops and schools; two-storey brick property with three rentable external rooms, large development-ready yard, five bedrooms and three bathrooms.
Investment Opportunity in Townsview
Attention, investors! If you are searching for a property that offers a strong return on investment, look no further.
This two-storey brick building features a balcony on the upper level and is ideally located in Townsview, close to all essential amenities.
Key features of the property include:
- A main house with 5 bedrooms
- Three bathrooms
- A spacious yard with potential for development and additional income generation
- Three external rooms that can be used for rental purposes
- A double garage
- A carport that accommodates up to 4 cars
So that you know, the property requires some tender loving care (TLC) to reach its full potential. This is a great opportunity for those looking to invest in a versatile property in a prime location. Ensure you don't overlook this opportunity; merely arrange a consultation with me.
Listed for sale at R1,000,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 216 listings in Johannesburg (town)
Insight
Priced below the median for similar properties in the area. On a price-per-m² basis, it is 46% below the median. Floor size is 26% smaller than typical for similar homes.
Similar properties pricing
Key differences
Affordability
R 9,816 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
216 similar listings
High similar-home inventory town-wide (Johannesburg)
Median time on market: 171 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
Rosettenville offers a diverse and established community with a mix of residential properties and convenient access to amenities, making it an appealing option for those seeking a central location with character.
* Distances and amenities are approximate.
