2 Bedroom House for sale in South Hills

**Prime Investment Gem in South Hills – High-Yield Rooming House – R1,500,000 **Massive Passive Income Opportunity For serious property investors only! This is a **turnkey rental income machine** currently set up with **16 separate letting rooms**, each with its **own prepaid electricity meter** (tenants pay their own lights – no extra costs for owner). Perfect for buy-to-let investors looking for strong cash flow in a high-demand southern Johannesburg area. **Excellent Location – Tenants Love It!** - Situated **right on a major taxi route** – super easy commuting to Joburg CBD & surrounds - Only **10 km** from Johannesburg CBD - **5 km** from Alberton CBD - **4 km** to The Glen Shopping Centre - Walking distance to **Steeldale Pick n Pay Hyper** - Close to **Diversity High School** and other good schools - Minutes away from the growing **South Hills Lifestyle Estate** – benefiting from area upgrades, security improvements, and rising property values **Current Income Snapshot (as of February 2026):** - 13 rooms currently occupied = **R19,750 per month** rental income - 3 vacant rooms (ready to let immediately at R1,350–R1,450 each) - **Full occupancy potential: ± R23,650 – R24,500+ per month** (very achievable in this location) That’s a **gross rental yield of 18–19%+** on asking price – far above typical Johannesburg sectional title or house yields. This kind of cash flow is rare! **Property Features:** - Originally a spacious **3-bedroom family home** with full bathroom & kitchen - Currently optimised **exclusively as an investment property** (16 individual rooms) - Easily convertible back to 3-bed family house if you prefer (buyer’s choice) - Strong, consistent tenant demand due to transport links, nearby malls, schools, and employment hubs **Asking Price: R1,500,000 This is a genuine high-performer in a fast-developing node. Properties generating this level of monthly income at this price point move very quickly! **Viewing by appointment only.** , full room schedule, current lease details, and to secure it before someone else does. **Serious investors – don’t miss this First qualified buyer gets it