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39 De Villiers street, Turffontein, Johannesburg South, Gauteng
R 1 200 000
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
Estimated monthly repayment
R 11 332
on a R 1 080 000 bond over 20 years at 11.25%
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39 De Villiers street, Turffontein, Johannesburg South, Gauteng
Liivra AI market value
AI estimate only; not a valuation. Consult a registered valuer or estate agent before making an offer.
Fair-value check
Priced highPriced 20% above comparable 3-bed houses for sale in Turffontein
Based on 20 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Elmarie Smith
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