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Jeppestown, Jeppestown, Johannesburg, Gauteng
R 849 000
Serious investors, this is the kind of asset that builds portfolios. Located in Jeppestown close to all amenities and a stone throw away from Johannesburg CBD, this income-generating multi-letting property is currently sitting at ±80% occupancy, already producing strong monthly returns with room to increase revenue. Property Breakdown: 10 bedrooms (various sizes to accommodate flexible rental pricing) 3 bathrooms Spacious communal kitchen Comfortable shared lounge area On-site parking space Established tenant base This setup is designed for maximum rental yield, catering perfectly to the high-demand affordable rental market in the area. Immediate income from existing tenants Upside potential by increasing occupancy to full capacity Turnkey investment — earn from day one Whether you're expanding your rental portfolio or entering the multi-letting space, this is a solid cash-flow opportunity in a high-demand node. Contact me for rental figures, ROI breakdown, and viewing arrangements.
Estimated monthly repayment
R 8 017
on a R 764 100 bond over 20 years at 11.25%
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Jeppestown, Jeppestown, Johannesburg, Gauteng
Listed by
Mpho Smith
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