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Westdene, Westdene, Johannesburg, Gauteng
R 1 750 000
For Sale: Multi-Let Investment Property | R17,000 Monthly Income | 259m2 Stand For Sale: Multi-Let Investment Property | R17,000 Monthly Income | 259m2 Stand This multi-let property is a real income generator — ideal for serious investors or anyone looking to build long-term wealth through real estate. Located in a well-developed and accessible area, this property offers three separate rental cottages, all fully tenanted and bringing in a combined rental income of R17,000 per month. Rental Breakdown: Cottage 1: R7,000/month Cottage 2: R5000/month Cottage 3: R5,000/month Total Monthly Rental Income: R17,000 Each unit is privately designed and well-maintained, giving tenants comfort and independence — with potential to expand or optimise for even higher returns. Property Details: Stand Size: 259m2 Modern finishes and neat paved driveway Covered parking and secure gate access Low-maintenance layout with a combination of tiled and open outdoor areas Perfect setup for multi-tenant accommodation Why Investors Love It: Strong rental yield from day one Stable tenant occupancy with room to increase rates Growing demand for rental units in the area Compact, efficient design that maximises return per square metre This property is already performing well, but with a few smart upgrades or short-term rental conversions, it can easily push past the current R17,000 monthly income mark.
Estimated monthly repayment
R 16 526
on a R 1 575 000 bond over 20 years at 11.25%
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Westdene, Westdene, Johannesburg, Gauteng
Fair-value check
Priced highPriced 30% above comparable 3-bed houses for sale in Westdene
Based on 60 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Thulani Khumalo
Unclaimed listing — claim it to verify
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