House 2897-ref-2494 for Sale in Primrose, Germiston

AgencyRef: 2897-ref-2494 Investment Property for Sale in Primrose, Germiston 12 Income-Generating Cottages | 991 sqm Stand | Excellent Rental Potential A rare investment opportunity in the well-established suburb of Primrose, Germiston. Set on a spacious 991 sqm stand, this property offers 12 self-contained cottages, each with its own private bathroom, making it ideal for investors looking for strong monthly rental income and long-term tenant demand. The property is well suited for rental accommodation, student/worker housing, or a multi-let investment setup. With separate units already in place, the new owner can benefit from multiple income streams from one property. Based on the rental figures provided, the property has the potential to generate approximately R39 000 per month, which works out to around R468 000 per year in gross rental income. Primrose remains a practical and accessible rental area within Germiston. The suburb is known for its affordability, established residential feel, and convenient access to daily amenities, schools, shopping centres, medical facilities, and transport routes. Primrose is close to Primrose Square Shopping Centre, Primrose Primary School, Hoërskool President, Life Roseacres Hospital, Germiston Lake, Bedfordview, Eastgate Shopping Centre, the N12 highway and OR Tambo International Airport. Germiston is also a strong rental node because of its central East Rand position, access to major highways such as the N3, N12 and R24, and its connection to Johannesburg CBD, Sandton, OR Tambo and surrounding industrial areas. This supports demand from working professionals, families and tenants needing affordable accommodation near employment hubs. The wider Germiston area has a strong commercial and industrial base, including logistics, manufacturing and light industrial activity, which continues to support residential rental demand. Primrose itself is described as an established suburb with a wide mix of housing options, including apartments, townhouses and upgraded older homes, attracting buyers and tenants from different income groups. Property Features: ⢠991 sqm stand ⢠12 cottages in total ⢠Each cottage has its own bathroom ⢠Strong rental income potential ⢠Multiple income streams from one property ⢠Suitable for investors, rental accommodation operators or portfolio buyers ⢠Located in an established rental area ⢠Close to schools, shops, transport routes and employment nodes ⢠Easy access to Germiston, Bedfordview, Johannesburg and OR Tambo Why Invest Here? This property offers the type of setup many investors look for: multiple units, existing rental potential, a large stand and a central location. With demand for affordable rental accommodation remaining consistent in Germiston and surrounding areas, this is an opportunity to secure a high-yield asset in a convenient East Rand location. Contact us today to arrange a private viewing and explore the income potential of this investment property Agency reference number: 2897-2494