Charming 3-Bedroom House with Lucrative Rental Income Potential in South Hills, Johannesburg
Discover a unique investment opportunity with this charming 3-bedroom house located in the serene neighborhood of South Hills, Johannesburg. This property not only offers comfortable living spaces but also generates a substantial rental income of R11,900 pm for the room rentals plus R6000 per month for the Spaza Shop, making it an ideal purchase for both homeowners and investors.
The main house features three spacious bedrooms, a well-appointed kitchen, and a dining room, providing ample space for family living. Currently fully tenanted, this property ensures immediate returns on your investment.
In addition to the main house, the property includes seven exterior rooms that generate a minimum of R11,900 per month. With minor modifications, the potential for even higher rental income is possible, further enhancing your investment portfolio.
Safety and convenience are key benefits of this property. Situated in a safe neighborhood, it is conveniently located near Johannesburg's Central Business District. The area is a thriving rental hub, perfect for attracting tenants seeking accessibility and comfort.
Education facilities are plentiful and nearby, with Montanus Laerskool just 0.18 km away and Diversity High School only 0.83 km away. Other nearby educational institutions include Crestview Primary School (0.53 km), Laerskool Suidheuwels (1.01 km), and Elandspark Private Academy (2.12 km), among others.
Shopping and daily conveniences are easily accessible with Steeldale Mall and Engen Shop located less than a kilometer away. Additional shopping options include Sasol Delight (1.61 km) and other nearby retail outlets.
This property is a rare find that combines comfortable living with exceptional investment potential. Don't miss the opportunity to own a piece of South Hills that promises both immediate and long-term financial benefits. Contact us today to schedule a viewing or for more information.
