House for sale
Secure steady cashflow with this high-yield Johannesburg property—ideal for investors or shared living, with two separate cottages, eight bedrooms, and covered parking for six vehicles.
INVESTOR ALERT: R24,000 PER MONTH RENTAL POTENTIAL FOR ONLY R1,550,000
Why buy one rental property when you can own an entire income-producing portfolio under one roof?
This exceptional 8-bedroom investment property, complete with 2 separate cottages, offers a rare opportunity to generate an estimated R24,000 per month in rental income when fully tenanted.
At an asking price of R1,200,000, this property delivers the kind of numbers that make investors sit up and pay attention.
Potential Gross Rental Income ± R24,000 per month
Potential Annual Rental Income: ± R288,000 per year
Potential Gross Yield: Approximately 24% per annum
Property Features:
8 Bedrooms
3.5 Bathrooms
Spacious Kitchen
Lounge & Dining Areas
Covered Parking for up to 6 Vehicles
2 Separate Outside Cottages
One Cottage with En-Suite Bathroom
deal for Multi-Tenant Accommodation
The Opportunity
The structure is solid and the income potential is undeniable. While portions of the interior could benefit from some TLC and modernization, this creates the perfect opportunity for an investor to add value while increasing rental returns.
Whether you`re looking to create:
✔️ A high-yield rental property
✔️ Staff accommodation
✔️ Student housing
✔️ Shared professional accommodation
✔️ A multi-generational family home with income-producing cottages
...the possibilities are substantial.
Cashflow First. Renovate Second.
Properties offering this combination of size, rental potential, and affordability are becoming increasingly difficult to find. For the investor who can see beyond cosmetic improvements, this is a chance to unlock immediate income and long-term capital growth.
R1,200,000 | Potential Rental Income ± R24,000 p/m
Don`t miss this opportunity to turn bricks and mortar into a powerful income-generating asset.
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*"Would you pay R1.2 million for a property that could generate R24,000 per month?"*
That`s a potential gross yield of around 24% per year. With 8 bedrooms, 2 cottages, parking for 6 vehicles, and massive income potential, this could be the investment opportunity you`ve been waiting for !!!
Listed for sale at R1,200,000
Price increased by 29.2% to R1,550,000
Compared with 201 active listings in Johannesburg.
Insight
Priced 24% below the local median — but still inside the typical range for Johannesburg.
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
201 listings
Similar homes town-wide
137 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.
Sophiatown is a historically significant suburb that offers residents a unique blend of rich cultural heritage, central accessibility to Johannesburg's business hubs, and a growing community spirit.
