5 BEDROOM HOUSE – TURFFONTEIN JHB

Details

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:
o 6 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.