House 2897-ref-2496 for Sale in Malvern, Johannesburg

AgencyRef: 2897-ref-2496 Investment Opportunity in Malvern â Asking Price: R850,000 Calling all investors! This exceptional income-generating property in the heart of Malvern offers an outstanding opportunity to secure a high-yield investment with massive growth potential. Currently generating approximately R14,000 rental income per month, this property still has room to increase returns, making it ideal for seasoned investors or first-time buyers looking to build a profitable property portfolio. The property boasts 11 well-sized bedrooms, offering excellent accommodation potential for tenants, student housing, or multi-let rental opportunities. With the right management and minor improvements, rental income can be significantly increased over time. Situated in a convenient and high-demand rental area, the property enjoys close proximity to major transport routes, schools, shopping centres, clinics, and other essential amenities. Malvern remains a popular area for tenants due to its accessibility and strong community atmosphere. Property Features: * 11 Bedrooms * Excellent investment opportunity * Currently generating ± R14,000 rental income * Potential to increase rental returns * Spacious yard and accommodation setup * Convenient location close to amenities and transport routes This is a rare chance to own a cash-flowing investment property at an affordable price in a well-established area. Whether you are expanding your portfolio or entering the property market, this investment offers excellent long-term value. Price: R850,000 Agency reference number: 2897-2496