8 Bedroom House in Berea

Income-Generating 8-Bedroom Property with 6 Cottages Prime Investment Opportunity in Berea

This well-positioned property offers an incredible opportunity for investors seeking strong rental returns and future development potential.

The main house features 8 spacious bedrooms, ideal for student housing, a commune, or conversion into a guesthouse. On the outside, there are 6 self-contained cottages, each with prepaid electricity meters, generating a gross rental income of R18,000 per month. With the sizeable erf, theres also room to build additional cottages and increase revenue significantly.

Located near Barnato Park High School, Joubert Park, Hillbrow Health Centre, and Johannesburg CBD, this property enjoys high demand for rentals. Public transport routes and major roads are easily accessible, adding convenience for tenants.

This is a rare chance to acquire a property with existing cash flow and the potential to scale income further with smart upgrades or expansions.