7 Bedroom Investment Property with High Rental Yield in Lorentzville, Johannesburg

7 Bedroom Investment Property with High Rental Yield in Lorentzville, Johannesburg

Lorentzville, Johannesburg - CBD, Gauteng

Property Key Features

Rooms

4 Bedrooms

1 Bathroom

2 Living Rooms

Flatlet

1 Kitchen

Parking

2 Garages

Property Description

This outstanding multi-tenant investment opportunity in Lorentzville,

 Johannesburg CBD, offers impressive rental income potential, featuring living rooms strategically converted into income-generating bedrooms across the property.

The main house section includes three medium-sized bedrooms currently rented out at R1,800 each. Further maximizing space, two additional large rooms (converted from the living areas) are let at R2,000 each.

Adding significant value to the property are two individual one-bedroom flatlets. Each flatlet comes complete with its own private lounge and an en-suite bathroom fitted with a shower, basin, and toilet, generating an estimated R3,000 rental per month each.

For vehicle parking or potential extra revenue, the property includes two garages that were previously let at R2,400 each per month.

With an estimated total gross rental potential of R17,800 per month and tenants contributing an additional R400 each toward utility costs, this high-yield asset represents a lucrative addition to any property portfolio.