9 Bedroom House in Malvern East

Income-Producing 9-Room Investment Property in Malvern East 

An excellent opportunity for investors looking for an established income-producing property in the well-positioned Malvern East area.

This spacious property offers 9 rooms and 3 bathrooms and is currently tenanted, generating approximately R24,600 per month in rental income. With tenants already in place, the property offers an investor the advantage of acquiring an asset with an existing rental stream from day one.

Property Features

.9 rooms

.3 bathrooms

.Swimming pool

.Currently tenanted Current rental income: R24,600 per month

.Current annual rental income: approximately R295,200

Established multi-room rental setup Potential to optimise the existing rental income further, subject to the property''s layout, condition and applicable municipal requirements Location &ndash Malvern East 

Malvern East is conveniently positioned close to Bedfordview, Kensington, Wychwood and surrounding GermistonJohannesburg areas, giving residents good access to major employment and commercial nodes.

The area benefits from nearby schools, shopping facilities, healthcare services and public transport, making the location practical for tenants who rely on convenient access to everyday amenities and surrounding business areas.

Investment Opportunity 

For an investor looking for an existing rental property rather than starting a conversion from scratch, 42 Price Road presents an attractive opportunity.

With R24,600 already being generated monthly, nine rentable rooms and an established tenant base, the property offers immediate income with the opportunity for a new owner to assess and potentially improve the rental operation over time.

Buy the property. Take over the existing rental stream. Explore the potential for further growth.