3 Unit Investment Property For Sale in Riverlea, Johannesburg

R1,030,000

Riverlea, Johannesburg, Gauteng

House for sale in Riverlea, Johannesburg, 250 m²

Riverlea, Johannesburg, Gauteng

R1,030,000

Ref:1574541
4Bed
3Bath
250
Type: House

Description

 INVESTORS, STOP SCROLLING. Seriously.

What if I told you there was a property tucked away in one of Johannesburg's best-kept secrets, generating income right now, sitting within easy reach of almost everywhere that matters?

Welcome to Riverlea – the location that quietly keeps winning.

 Approximately:

* 18 minutes to Sandton
* 12 minutes to Johannesburg CBD
* 12 minutes to Rosebank
* 12 minutes to Parktown
* 15 minutes to Florida
* 12 minutes to Soweto

If property investing is all about location, location, location, then this one clearly understood the assignment.

 Income-Producing From Day One

Currently generating R11,000 per month in rental income, this property is already doing what investors love most: putting money to work.

And here's where things get interesting...

The rentals have not been increased in quite some time, presenting a golden opportunity for a savvy investor to review and renegotiate lease agreements, potentially unlocking even greater returns.

Three Units. Multiple Possibilities.

Whether you're looking for a rental portfolio addition, staff accommodation, communal living, student housing, or multi-generational living, this property offers flexibility in abundance.

Unit 1

The larger of the three units offers:

2 generously sized bedrooms
1 bathroom
Comfortable lounge
Kitchenette

With a little vision and a touch of TLC, this space could become the cornerstone of a highly desirable communal living setup.

Units 2 & 3

Twin units that mirror each other perfectly, each offering:

Open-plan lounge and kitchenette
Bedroom with built-in cupboard space
Bathroom with shower, toilet and basin

Practical, functional and perfectly suited to the rental market.

Why Investors Will Love This Property

Existing rental income

Three separate income-producing units

Excellent central location

Strong rental demand corridor

Opportunity to improve returns

Potential value-add through upgrades and modernization

Multiple exit strategies

The Bottom Line

This isn't the flashy property that spends all day taking selfies for Instagram.

This is the property quietly sitting in a strategic location, collecting rent, offering upside potential, and waiting for the right investor to recognise the opportunity.

The question isn't whether this property has potential.

The question is:

How quickly can you get here before another investor beats you to it?

Contact us today to arrange your viewing and discover why Riverlea may just be Johannesburg's most underrated investment address.

Opportunities like this don't stay secret for long.

Location

Riverlea, Johannesburg, Gauteng

Data

Object TypeHouse
Purchase PriceR1,030,000
Living Space250 m²
Plot Size250 m²
Bathrooms3
Construction YearN/A
ConditionNot specified
Rooms6

Financial Information

RatesN/A
LevyN/A
Special LevyN/A

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