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Elsburg, Elsburg, Germiston, Gauteng
R 1 800 000
This versatile and fully tenanted property offers an outstanding opportunity for investors or extended families seeking strong, immediate returns in a well-established area of Elsburg, Germiston. Generating an impressive ±R25,000 per month, this high-yield investment is ready to deliver from day one. Main House Features The well-maintained main residence is solidly built with painted interiors and a durable tiled roof. It offers a comfortable lounge and dining area, ideal for relaxed family living. The fitted kitchen includes an under-counter oven, ample cupboard space, and is complemented by a separate scullery and dedicated laundry area. Accommodation consists of three spacious bedrooms, a full bathroom, and a guest toilet, making the home practical and family-friendly. Five Income-Producing Flatlets The property includes five separate flatlets, each offering excellent flexibility for long-term rentals, extended family accommodation, or student housing. All units are fitted with prepaid water and electricity, ensuring easy management and reduced owner expenses. Additional Features Current rental income: ±R25,000 per month Water & electricity paid by tenants Approved building plans & Occupancy Certificate in place Five carports providing ample covered parking Outside room with toilet (ideal for storage or staff use) Neatly paved, low-maintenance yard Open braai area for entertaining Secure property with 6-foot boundary walls and burglar bars Centrally located with easy access to amenities and transport routes This property seamlessly combines comfortable family living with exceptional investment potential. Whether you are looking to live in the main house while benefiting from multiple rental incomes or expand your property portfolio with a proven, income-generating asset, this Elsburg opportunity delivers value, security, and strong returns.
Estimated monthly repayment
R 16 998
on a R 1 620 000 bond over 20 years at 11.25%
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Elsburg, Elsburg, Germiston, Gauteng
Liivra AI market value
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Fair-value check
Priced highPriced 50% above comparable 3-bed houses for sale in Elsburg
Based on 50 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Annika Jacobs
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