Investment Opportunity: 14-Bedroom Income-Generating Property in Turffontein
Discover an exceptional investment opportunity in the heart of Turffontein! This versatile and income-generating property has been smartly converted into a 14-bedroom communal residence, perfectly suited for investors looking to earn passive income in one of Johannesburg’s high-demand rental areas.
Set on a generously sized stand, this property has been thoughtfully upgraded and is currently achieving a solid rental income of R17,800 per month, with potential to increase. Each of the 14 rooms has been individually metered with prepaid electricity meters, making management simple and cost-effective while giving tenants control over their usage.
The layout is ideal for student housing, young professionals, or a multi-tenant setup. Shared bathroom and kitchen facilities are maintained to high standards, ensuring comfort and practicality for all residents.
Key Features:
14 Spacious bedrooms
Prepaid electricity in each room
Secure property with lockable gates
Low-maintenance yard
Excellent rental track record
Conveniently located near public transport, schools, shopping centers, and major roads
Whether you're expanding your property portfolio or diving into the rental market for the first time, this Turffontein gem offers solid returns and consistent demand. The area is known for its rental appeal due to its proximity to Johannesburg CBD and affordability for tenants.
Don’t miss out on this lucrative opportunity – properties with this level of return don’t stay on the market for long. Book a viewing today and let your investment start working for you!
+27 (0)81 813 3318
+27 (0)11 251 0799
whatsapp agent
lawrence@peaktopeak.co.za
lawrence@peaktopeak.co.za
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