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
Compared with 204 active listings in Johannesburg.
Insight
Priced 37% below the local median — and below the typical range for Johannesburg.
It's priced below similar homes despite a comparable floor size, which may reflect condition, position or finishes. 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
Market depth
204 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.
Rosettenville is a well-established, vibrant residential suburb in Johannesburg South that offers affordable housing options and convenient proximity to the city center and major transport routes.
