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23 South Rand Serv Road, South Hills, Johannesburg, Gauteng
R 1 045 000
This free-standing 9-room house is a rare find for savvy investors. Located in a sought-after area, the property is fully tenanted and currently generates a steady rental income of R17,000 per month. With reliable tenants already in place, you can start earning from day one without the hassle of finding occupants. Each of the 9 rooms is spacious and well-maintained, ensuring tenant satisfaction and consistent demand. Its prime location places it within easy reach of public transport, shops, and local amenities, further enhancing its rental appeal. This is a true turnkey investment offering both strong monthly cash flow and long-term capital growth potential. Properties with this combination of income stability and location benefits are hard to come by, making it an excellent addition to any portfolio.
Estimated monthly repayment
R 9 868
on a R 940 500 bond over 20 years at 11.25%
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23 South Rand Serv Road, South Hills, Johannesburg, Gauteng
Liivra AI market value
AI estimate only; not a valuation. Consult a registered valuer or estate agent before making an offer.
Listed by
Francois Modise
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