House for sale at 155 Park Crescent, Park Crescent
Live in the heart of Turfontein with immediate rental income — flexible layout includes a converted balcony and a two-bedroom vintage unit; main house has three bedrooms, 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.
Listed for sale at R1,150,000
How does this home’s price compare with similar properties?
Price comparison based on 55 similar-sized 3-bed homes.
Insight
Priced 30% below the local median - at the lower edge of the typical range across Johannesburg.
Compared with 55 similar homes (58 listings) across Johannesburg.
It sits below similar homes even on a price-per-m² basis - condition, position or finishes may explain the gap. 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.
Around R993k typical in Turffontein (small sample of 4).
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Turffontein is a historic and centrally located Johannesburg suburb that offers affordable residential options with convenient access to major transport routes and the vibrant city center.
