House 2897-ref-2196 for Sale in Sophiatown, Johannesburg

AgencyRef: 2897-ref-2196 Prime Investment Property â 6-Bedroom Tenanted Home in Sophiatown Presenting a high-yield, multi-let investment opportunity in the heart of Sophiatown. This spacious 6-bedroom property is structured to maximize rental income, delivering strong, consistent cash flow from day one. The layout caters perfectly to the high-demand student and professional rental market, making it an ideal turnkey asset for serious investors. The home offers multiple living areas and bathrooms designed to comfortably accommodate shared occupancy while maintaining tenant privacy and appeal. Prepaid electricity meters are installed throughout for streamlined cost recovery and simplified management. Good security features are in place to protect both tenants and the asset, with ample off-street parking available to accommodate multiple vehicles. The yard is well-divided to create private outdoor areas for residents. Location is a key driver of this propertyâs performance. Situated within walking distance of a primary school, Sophiatown Shoprite Mall, and Main Street, tenants have immediate access to daily conveniences. The property is strategically positioned for the student market with easy access to the University of Johannesburg and Charlotte Maxeke Johannesburg Academic Hospital. Its location on major transport routes also provides quick connections to the Johannesburg CBD and surrounding suburbs. This versatile asset functions seamlessly as a premium student commune, professional co-living setup, or can be converted back to a large family residence. As a low-maintenance property with multiple income streams on one title deed, it offers investors immediate returns without the need for further development. 3 BEDROOM R7100 2 BEDROOM R5500 1 BEDROOM R4000 TOTAL INCOME: R16 600 COJ: R6000 P.M SURPLUS: R10500 Near the University of Johannesburg Near Health Facility Agency reference number: 2897-2196