7 Bedroom House in Berea

Bank Mandated Property, Standard Bank

BANK MANDATED PROPERTY STANDARD BANK

Spacious 7-Bedroom Tenanted Investment Home with Cottage Berea, Johannesburg

This solid, income-generating property in the heart of Berea offers a fantastic investment opportunity for buyers looking for reliable rental returns. The main house features 7 well-sized bedrooms, currently tenanted, with the property generating approximately R14,000 per month in total. There is also a separate cottage at the back, adding to the rental potential and versatility of the home.

The property is fully secured with a lockable gate, perimeter walling, and controlled access, offering safety and peace of mind to both tenants and the owner. The yard is spacious, and the structure has strong bones, giving investors room to upgrade or expand if desired.

Nearby Amenities Include:

Schools: Johannesburg Girls Preparatory, Rand Preparatory andamp College, Barnato Park High School

Hospitals: Hillbrow Community Health Centre, Johannesburg General Hospital Charlotte Maxeke, Netcare Park Lane Hospital

Transport andamp Convenience: Close to major taxi routes, Rea Vaya stations, shops, supermarkets, and essential services

Neighbouring Areas: Hillbrow, Yeoville, Berea CBD, Braamfontein, and the Johannesburg CBD

This property is located in a high demand rental node, surrounded by residential buildings, making it ideal for continued tenant occupancy or future student accommodation conversion.

A great find for investors looking for stable cash flow and long-term value.

PARKVILLE PROPERTIES PTY LTD trading as REMAX Advantage Rosebank operates in terms of a franchise agreement with REMAX of Southern Africa.