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Comfortable urban living in the heart of Turfontein with steady rental income — converted balcony yields extra two-bedroom space and a vintage two-bedroom unit; three-bedroom main house, one bathroom.
Discover this unique property opportunity in the heart of Turfontein. The main house features three spacious bedrooms, a cozy lounge, and a comfortable sitting room. Additionally, it boasts a charming balcony that has been cleverly converted into a two-bedroom space, providing flexibility and additional living options.
The property also includes three external rooms and an outside toilet with a shower, offering convenience and potential for various uses. As a bonus, there is a delightful two-bedroom vintage unit complete with its own kitchen, toilet, and bathroom, perfect for additional rental income or extended family living.
Currently, the entire property is fully tenanted, generating a monthly rental income of R11,500. This makes it an excellent investment opportunity for those seeking immediate returns.
Don't miss out on this versatile and income-generating property in Turfontein. Contact us today to arrange a viewing and explore its full potential.
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R1,150,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 415 listings in Johannesburg (town)
Insight
Priced below the median for similar properties in the area. On a price-per-m² basis, it is 31% below the median. Floor size is 20% larger than typical for similar homes.
Similar properties pricing
Key differences
Affordability
R 11,289 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
415 similar listings
High similar-home inventory town-wide (Johannesburg)
Median time on market: 133 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.
