14 Bedroom House in Turffontein

Location: 39 De Villiers Street, Turffontein, Johannesburg South

Price: R1,200,000

Rates & Taxes: R850 pm

Current Gross Income: R38,000 per month

Attention serious real estate investors! Stop looking at single-digit returns. Secure an absolute cash-flow monster yielding an incredible 38 gross annual return in the high-demand rental hub of Turffontein. This high-density residential multi-let is fully optimized for maximum rental revenue and consistent tenant occupancy.

Property Configuration Breakdown:

Main House: 5 spacious rental rooms all featuring private en-suite bathrooms.

Front Section: 1 independent cottage equipped with its own private en-suite bathroom.

Back Section:

o6 single rental rooms each with a private en-suite bathroom.

o 2 rooms each with lounge at the back

The Financials at a Glance:

Purchase Price: R1,200,000

Monthly Rental Income: R38,000

Why This Property is a Golden Opportunity:

Prime Rental Location: Positioned perfectly in Turffontein, offering tenants seamless access to public transport, local schools, shopping centers, and the Johannesburg CBD.

Immediate Income: Fully operational and generating revenue from day one.

Properties with this level of density and rental yield are exceptionally rare on the market and sell fast.