R 1 400 000
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5 Bedroom House in Morningside
5
2
2
625 m²
Income-Generating Property with Multiple Rental Units
This well-maintained investment property offers excellent rental returns and flexible leasing arrangements. The main house comprises 5 bedrooms, all individually rented, generating a steady income of R15,000 per month at R3,000 per room.
In addition to the main house, the property features four separate bachelor units located on the same premises. One unit is rented at R3,800, while the remaining three units are rented at R3,500 each, bringing in a combined income of R14,300 if all are rented out. Total rental wil be R29300
CHRIS AND LISA PEARSON PROPERTIES PTY LTD trading as REMAX Address Berea operates in terms of a franchise agreement with REMAX of Southern Africa.
Property details
- Listing number T5380042
- Property type House
- Listing date 6 Feb 2026
- Land size 625 m²
- Rates and taxes R 800
Property features
- Bedrooms 5
- Bathrooms 2
- Lounges 1
- Dining areas 1
- Open parking 2
- Storage
- Garden