Investment Property for Sale – Passive Income from Day One
Clayville – a rapidly developing area surrounded by new housing projects and strong rental demand.
Property Overview:
Originally a 3-bedroom house, now converted into 3 modern, self-contained cottages
Floor area expanded from 75 sqm to 92.1 sqm on a 286 sqm stand
Ground floor conversion completed with tenants already in place
Excellent rental history – no missed payments since registration
Rental Income:
Each cottage earns an average of R4,200 per month
Current lease agreements in place – secure income from day one
Potential Airbnb opportunity for even higher returns
Cottage Features:
Contemporary finishes throughout
Built-in wardrobes
Full kitchens with stoves
Modern bathrooms with vanities
Fully tiled interiors
Individual pre-paid electricity meters
Washing machine connections
DSTV and fibre-ready
Separate geysers for each unit
Additional Property Features:
2,400-litre water backup tank
Approved house plans to build 3 more cottages plus a double garage → Potential to add R15,000 extra rental income per month
Rates and Taxes: R1,000 per month
Selling Price: R1,350,000
Why This Property?
Strong rental demand in the area
Tenants already in place – immediate cash flow
Expansion potential for even greater returns
Perfect for investors seeking secure, high-yield passive income
Contact us today to arrange a viewing or request more details.
Read More
Details
Updated on December 9, 2025 at 12:53 pm
Reference #: 1380155
Price:R1,350,000
Suburb / Town: Midrand
Property Type: House
Bedrooms: 3
Bathrooms: 3
Living Areas: 3
Building Size: 97.0 ㎡
Stand Size: 286.0 m²
Rates & Taxes: R 950
Key Property Features
Fibre Internet
Furnished
Additional Features
Secure Parking:5
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