14 Bedroom House in Turffontein

Location: 39 De Villiers Street, Turffontein, Johannesburg SouthPrice: R1,200,000Rates & Taxes: R850 pmCurrent Gross Income: R38,000 per monthAttention serious real estate investors! Stop looking at single-digit returns. Secure an absolute cash-flow monster yielding an incredible 38 gross annual return in the high-demand rental hub of Turffontein. This high-density residential multi-let is fully optimized for maximum rental revenue and consistent tenant occupancy.Property Configuration Breakdown:Main House: 5 spacious rental rooms all featuring private en-suite bathrooms.Front Section: 1 independent cottage equipped with its own private en-suite bathroom.Back Section:o6 single rental rooms each with a private en-suite bathroom.o 2 rooms each with lounge at the backThe Financials at a Glance:Purchase Price: R1,200,000Monthly Rental Income: R38,000Why This Property is a Golden Opportunity:Prime Rental Location: Positioned perfectly in Turffontein, offering tenants seamless access to public transport, local schools, shopping centers, and the Johannesburg CBD.Immediate Income: Fully operational and generating revenue from day one.Properties with this level of density and rental yield are exceptionally rare on the market and sell fast. Show more Show less