Forget the typical "fixer-upper" investment properties. This is a rare, well-maintained gem in the heart of Rosettenville that is ready to work for you from Day 1. Unlike many distressed properties in the area, this home has been meticulously cared for, offering a clean, professional environment for quality tenants.
The Numbers That Matter:
Current Monthly Income: R10,000 (R7,000 Main House + R3,000 Flatlet)
Asking Price: R870,000
Gross Annual Yield: ~13.8% (Outperforming market averages!)
Upside Potential: The layout offers massive flexibility to reconfigure and increase the rental yield even further.
Prime Location for Low Vacancy:
Situated just two houses away from the South Rand Main Road, this property is a tenant’s dream. Your occupants are steps away from direct taxi routes to the Johannesburg CBD and major transport hubs. In real estate, accessibility equals demand—and this house is as accessible as it gets.
Property Features:
Main House: Spacious, sturdy, and in excellent condition. Currently generating R7,000pm.
Private Flatlet: Fully self-contained, generating R3,000pm.
Condition: Move-in ready. No "distressed property" headaches here.
Value: Priced competitively at R870,000 for a quick sale.
Why buy this?
Because the work is already done. The tenants are in place, the income is flowing, and the structure is solid. Whether you are looking to start your portfolio or expand an existing one, this property offers the stability and returns you’ve been looking for.
Don't miss out on a double-digit yield. Contact me today to arrange a private viewing.