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Cyrildene, Cyrildene, Johannesburg, Gauteng
R 2 550 000
Welcome to an ideally positioned, income-generating multi-dwelling property offering exceptional investment potential. This versatile space features 4 converted flatlets, each operating as an independent living unit while still allowing the option to easily convert the property back into a spacious family home. The property currently generates a combined rental income of approximately R30,500 per month: Flatlet 1 – 2 bedrooms, 2 bathrooms – generating R9,500 Flatlet 2 – 2 bedrooms, 2.5 bathrooms – generating R10,000 Flatlet 3 – 2 bedrooms, 1 bathroom – generating R6,500 Flatlet 4 – 1 bedroom, 1 bathroom – generating R4,500 Conveniently located with easy access to shopping centres, restaurants, schools, and major transport routes, this property presents an excellent opportunity for investors or extended families seeking additional rental income. Property requires TLC.
Estimated monthly repayment
R 24 080
on a R 2 295 000 bond over 20 years at 11.25%
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Cyrildene, Cyrildene, Johannesburg, Gauteng
Liivra AI market value
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Listed by
Emma Makhanya
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