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Reliable income in a quiet suburb near shops and transport; main four-bedroom house plus seven outside rooms with prepaid meters, generating up to R18,000/month.
Discover an exceptional investment opportunity with this fully tenanted property, perfect for rental investors looking to expand their portfolio. Currently generating a substantial rental income of up to R18,000 per month, this property promises a lucrative return on investment.
Featuring up to seven well-maintained outside rooms, each equipped with prepaid electricity meters, this property offers convenience and efficiency for both tenants and landlords. This efficient setup ensures easy management and maximizes profitability.
Don't miss out on the chance to invest in a property that combines stability with significant income potential. Contact us today to learn more about this promising investment opportunity.
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R1,000,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 212 listings in Johannesburg (town)
Insight
Priced below the median for similar properties in the area. On a price-per-m² basis, it is 22% below the median. Floor size is 40% 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
212 similar listings
High similar-home inventory town-wide (Johannesburg)
Median time on market: 158 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
Turffontein offers a mix of established residential areas and convenient access to amenities, making it a practical choice for families and individuals seeking a central Johannesburg location.
* Distances and amenities are approximate.
