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Highlands North, Highlands North, Johannesburg, Gauteng
R 1 799 999
Originally configured as a 3-bedroom, 2-bathroom main house, this property has been intelligently redesigned into a strong income-generating investment. The main dwelling now offers 5 fully let rental rooms, all currently occupied by tenants. In addition, the property includes 4 modern cottages, each featuring its own built-in bathroom, and all are fully tenanted. To further enhance its value, the property comes with approved plans to add an upstairs rooms to one of the newly built cottages, unlocking even greater rental potential. Currently generating approximately R33,300 per month, this is a well-established, income-producing asset with room for significant growth through rental optimisation and the planned extensions. With a proven rental model already in place, an investor can step in and start earning immediately—no setup delays, no uncertainty, just a fully operational income-generating property from day one.
Estimated monthly repayment
R 16 998
on a R 1 619 999 bond over 20 years at 11.25%
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Highlands North, Highlands North, Johannesburg, Gauteng
Listed by
Jan Fourie
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