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Description

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.

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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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