5 Bedroom House for sale in Blairgowrie

Situated close to the Randburg CBD, this well-positioned investment property offers an excellent opportunity for investors looking for strong monthly rental income and long-term growth potential. The property has been divided into 5 separate rental units, making it ideal for the high demand for affordable accommodation in the area. Each unit offers: * 1 Bedroom * Open-plan lounge and kitchen * Shower bathroom * Separate geyser * Pre-paid electricity meter Water is currently included in the rental. The property is fully tenanted and currently generates a total monthly rental income of R23 650 per month, which equates to approximately R283 800 gross annual income. At the asking price of R2 499 000, the property offers an attractive gross rental yield of approximately 11.4% per annum, making it a solid income-producing investment. Additional features include: * Ample parking for tenants * Low-maintenance rental setup * Excellent tenant appeal due to the convenient location near shops, transport routes, schools, and business hubs. Contact us to book your viewing appointment With over 60 years of combined Real Estate industry experience in South Africa, our Team can assist you with any property transaction or property need you might have.