House for sale at 59 Lawn St
Reliable passive income in a desirable, high-demand neighborhood — fully occupied eight-unit complex generating R14,600/month on a large 593 m² lot with expansion potential.
Seize the chance to own a high-performing 8-unit investment property that promises not only immediate rental income but also substantial opportunities for growth and development. Situated on a spacious lot, this property is perfectly poised for adding more units, redevelopment, or making value-enhancing improvements.
The existing units are fully occupied and deliver strong cash flow, making this an attractive option for investors, developers, or portfolio buyers who are looking for both reliable income and the potential for future appreciation. With increasing demand and limited housing supply in the area, the expansion possibilities offer a lucrative path to boosting returns and enhancing asset value.
Key Highlights:
- Income-Producing Units: Currently generating R14,600.00 in rental income from 8 residential units.
- Development Potential: Expansive lot provides opportunities for additional units or enhancements to existing structures.
- Strong Rental Demand: Located in a desirable area with high demand for rental properties.
- Investment Strategy Flexibility: Ideal for either long-term holding or redevelopment.
- Value-Add Potential: Significant opportunity to increase value and maximize returns.
Whether your goal is to enhance cash flow, reposition the property, or embark on future development projects, this property offers a unique blend of scale, flexibility, and potential that is rare in today’s market.
Contact Us Today for an Exclusive Viewing** and make this exceptional property your next income-generating investment.
Listed for sale at R1,250,000
How does this home’s price compare with similar properties?
Insight
Priced 4% below the local median - but still inside the typical range in Rosettenville.
Compared with 12 5+ bed active listings in Rosettenville.
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Rosettenville offers a vibrant, established urban community with affordable housing options and convenient access to the Johannesburg inner city and major transportation routes.
