5 Bedroom House for sale in Blairgowrie

Situated on a 1,041 m² stand within walking distance of the Randburg CBD, this well-positioned residential investment property offers an excellent opportunity for investors seeking immediate rental income and strong returns. The property has been converted into five separate rental units, each designed for practical and comfortable living. Every unit consists of a bedroom, shower bathroom, and an open-plan kitchen and living area. In addition, each unit is fitted with its own geyser and prepaid electricity meter, providing convenience for both landlord and tenant management. Currently generating a total rental income of R29,405 per month, the property offers an attractive gross rental yield of approximately 14.12% at the asking price of R2,499,000. The property also offers ample parking and enjoys a highly convenient location close to transport routes, business nodes, and amenities within the Randburg area. Property Features: 1,041 m² stand Residential property converted into 5 separate rental units Each unit includes: Bedroom Shower bathroom Open-plan kitchen and living area Individual geysers for each unit Prepaid electricity meters installed Ample parking Current rental income: R29,405 per month Gross rental yield: ±14.12% Walking distance to Randburg CBD An ideal opportunity for investors looking to secure a high-yield residential income property in a central Randburg location. Contact us for viewing arrangements With over 60 years of combined Real Estate industry experience in South Africa, our Team can assist you with any property transaction or property need you might have.