8 Bedroom Investors Dream House For Sale in Sophiatown, Johannesburg for only R1 200 000 act today !

R1,550,000

Sophiatown, Johannesburg, Gauteng

House for sale in Sophiatown, Johannesburg, 494 m²

Sophiatown, Johannesburg, Gauteng

R1,550,000

Ref:1585743
8Bed
3.5Bath
494
Type: House

Description

INVESTOR ALERT: R24,000 PER MONTH RENTAL POTENTIAL FOR ONLY R1,550,000

Why buy one rental property when you can own an entire income-producing portfolio under one roof?

This exceptional 8-bedroom investment property, complete with 2 separate cottages, offers a rare opportunity to generate an estimated R24,000 per month in rental income when fully tenanted.

At an asking price of R1,200,000, this property delivers the kind of numbers that make investors sit up and pay attention.

Potential Gross Rental Income ± R24,000 per month
Potential Annual Rental Income:  ± R288,000 per year
Potential Gross Yield: Approximately 24% per annum

Property Features:

8 Bedrooms
3.5 Bathrooms
Spacious Kitchen
Lounge & Dining Areas
Covered Parking for up to 6 Vehicles
2 Separate Outside Cottages
One Cottage with En-Suite Bathroom
deal for Multi-Tenant Accommodation

The Opportunity

The structure is solid and the income potential is undeniable. While portions of the interior could benefit from some TLC and modernization, this creates the perfect opportunity for an investor to add value while increasing rental returns.

Whether you're looking to create:
✔️ A high-yield rental property
✔️ Staff accommodation
✔️ Student housing
✔️ Shared professional accommodation
✔️ A multi-generational family home with income-producing cottages

...the possibilities are substantial.

Cashflow First. Renovate Second.

Properties offering this combination of size, rental potential, and affordability are becoming increasingly difficult to find. For the investor who can see beyond cosmetic improvements, this is a chance to unlock immediate income and long-term capital growth.

R1,200,000 | Potential Rental Income ± R24,000 p/m

Don't miss this opportunity to turn bricks and mortar into a powerful income-generating asset.

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 *"Would you pay R1.2 million for a property that could generate R24,000 per month?"* 

That's a potential gross yield of around 24% per year. With 8 bedrooms, 2 cottages, parking for 6 vehicles, and massive income potential, this could be the investment opportunity you've been waiting for !!!

Location

Sophiatown, Johannesburg, Gauteng

Data

Object TypeHouse
Purchase PriceR1,550,000
Living Space494 m²
Plot Size494 m²
Bathrooms3.5
Construction YearN/A
ConditionNot specified
Rooms8

Financial Information

RatesN/A
LevyN/A
Special LevyN/A

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