3 Bedroom House in Riverlea
Live Mortgage-Free! 3-Bed Home [removed] 3 Income-Generating Units. Tenants Already In Place.
Stop Renting, Start Earning. This Isn''t Just a House, It''s Your Financial Freedom Plan.
Welcome to a rare find that perfectly blends comfortable family living with a powerful, immediate income stream. This isn''t just a property it''s a smart financial decision waiting for you. Presenting a solid 3-bedroom, 2-bathroom home with three separate, income-generating outside roomsa package that allows you to live while your property pays for itself.
Your New Home: Spacious & Secure
Step into a well-maintained home designed for modern living.
3 Generous Bedrooms with ample built-in cupboards.
2 Modern Bathrooms for family and guest convenience.
A Huge, Dream Kitchen ready for a chef''s touch or family gatherings.
A Spacious Lounge offering a perfect retreat after a long day.
Massive Parking: Secure parking for up to 5 cars, a rare and valuable commodity.
Your Income-Generating Asset: Turnkey Investment
The real magic lies in the three self-contained outside rooms. They are already perfectly set up for the rental market, providing you with instant cash flow from day one.
3 x Outside Rooms: Each is a potential rental unit.
Proven Income Potential: With a market rental value of R2,500 each, this property has the potential to generate R7,500 per month in rental income.
Strategic Setup: Perfect for students, young professionals, or singles seeking affordable accommodation close to the city.
Prime Location: Connectivity at Your Doorstep
Enjoy the best of both worlds: a quiet, established neighborhood with the buzzing heart of Johannesburg just a 10-minute drive away. Easy access to major routes, business hubs, shopping centers, and entertainment.
By the Numbers:
Asking Price: R900000
Potential Gross Rental Income: R7,500/month (R90,000/year)
Bedrooms: 3 (Main House)
Bathrooms: 2
Parking: 5 Cars
Income Units: 3
The Perfect Buyer For This Property Is:
The First-Time Buyer who is smart enough to want their property to work for them.
The Astute Investor looking for a high-yield, multi-unit investment.
The Extended Family looking for a home with space for relatives or an income source.
Don''t just buy a house. Buy a future. The numbers speak for themselves.
Contact me now to schedule a private viewing and see how this property can change your financial future. Let''s talk numbers!
Property details
- Listing number T3968346
- Property type House
- Listing date 17 Oct 2025
- Land size 300 m²
- Floor size 230 m²
- Rates and taxes R 670
Property features
- Bedrooms 3
- Bathrooms 2
- Lounges 1
- Dining areas 1
- Patio
- Staff quarters