7 Bedroom House in Johannesburg North

Versatile 7-bedroom, 5-bathroom property ideal as a high-yield multi-let co-living commune, characterful guest house, or spacious multi-generational family home. Features a traditional thatch roof providing year-round natural climate control cool in summer, warm in winter. Final renovations are currently being completed, unlocking immediate value-add potential.

PROPERTY HIGHLIGHTS

Bedrooms & Bathrooms 7 Beds and 5 Baths Total:

Upstairs: Expansive Master En-Suite 3 additional bedrooms with an upstairs guest toilet, plus a dedicated work-from-home officestudy area.

Downstairs: 3 Bedrooms including 1 En-Suite full shared bathroom.

Outside: Separate helpers quarters , flatlet with private bathroom.

Living Spaces: Open-plan lounge featuring a cozy fireplace, kitchen, and dedicated office or study space upstairs.

Garage & Conversion Potential: Double lock-up garage that can easily be converted into a self-contained 1-bedroom cottage for additional rental income.

Infrastructure & Features: Dual gated entrances with independent access, covered parking for 5 vehicles plus ample open parking, 2 geysers to handle high hot-water demand, an operational swimming pool, and a large erf.

FINANCIAL & INCOME POTENTIAL

1. Multi-Let Commune Rental Model

Upstairs Master En-Suite Room 1: R6,500 month

Upstairs Bedroom 2: R5,500 month

Upstairs Bedroom 3: R5,500 month

Downstairs En-Suite Room 4: R5,000 month

Downstairs Bedroom 5: R4,500 month

Downstairs Bedroom 6: R4,500 month

Helpers Cottage Room 7: R3,500 month

TOTAL ESTIMATED MONTHLY INCOME: R35,000 month

PROJECTED GROSS YIELD: 16.15 R420,000 annual gross income

2. Guest House B&B Model

High-density room layout combined with dual entrances, ample parking, and an operational pool makes this an ideal hospitality conversion.

Estimated Revenue: R39,000 R48,000 month at 50 average occupancy across 7 units.

3. Large Family Home Passive Income

Perfect for an extended family requiring a dedicated home office and separate staff quarters.

Live in the main residence and rent out the outside cottage to generate passive monthly income that directly subsidizes your bond repayment.

Contact us today to arrange an exclusive private viewing!