5 Bedroom Property for Sale in Boksburg North R1 380 000. 23 Aug 2025

Property features

R1 380 000
5 Bedrooms
2.0 Bathrooms
0 Living Room/s
Garage for car/s
Outside Parking for 6 car/s
Rates R950 pm
Garden
Security Estate

Property Details

This property presents a rare income-generating opportunity with immediate and growing returns. The current rental income stands at R20 000 per month, with an additional R10 000 projected once the outside units are completed, bringing the total potential income to approximately R30 000 monthly. The current owner, who is relocating, has invested extensively in the property to ensure it is a ready-made investment. Every added section has been built with approved plans, with prepaid slots ready to be installed, ensuring a smooth transition for the new owner. The existing tenanted portion already generates R20 000, with all units equipped with prepaid meters, minimizing management and collection risks. Features Supporting Investment Value: 12 income-generating rooms planned (currently main house with 5 bedrooms + 3 outside rooms, one being a Wendy house, with separate kitchen and bathroom). Two bathrooms, large kitchen, and laundry in the main residence. Tarred driveway and double carport for tenant convenience. Outdoor space designed as a communal entertainment area to add further tenant appeal and occupancy stability. All developments done with approved building plans and laid out for tenant safety and convenience. With the finishing touches nearing completion, the property is positioned to deliver a sustained high rental yield, making it an ideal investment for portfolio growth or as a standalone passive income asset. The new owner will benefit from the brand-new additions and secure infrastructure already in place, ensuring both strong returns and long-term value.