Exceptional Township Investment Opportunity | Multi-Let Property Generating R14 000+ Passive Income
Investor's dream alert! Located in a thriving upper township community, this 319m² property is the perfect blend of income-generating potential and family living.
Boasting 7 fully tenanted back rooms that currently bring in a solid R14 000 per month in rental income, this property offers a proven multi-let investment opportunity.
But that's not all — the main house, a spacious 3-bedroom, 1-bathroom home, remains vacant and can generate an additional R6 000+ monthly, bringing the total earning potential to over R20 000 per month.
Why Invest Here?
Perfect for township investors looking for passive income from day one
Live in the main house while the back rooms pay off your bond
Or rent out everything and enjoy maximum return on investment
Flexible use: Family home, investment property, or a hybrid of both
Room for improvement – increase rental rates with minimal upgrades
Location Highlights:
Walking distance to churches, public parks, and the BP petrol station
Less than 10km from Eshilo Clinic
Centrally located with access to local transport routes and amenities
This is a rare multi-let investment in the township market where rental demand remains strong and cash flow is king.
Whether you're an experienced investor or just starting out, this property gives you a head start with tenants already in place, a secure location, and multiple income streams.
Boasting 7 fully tenanted back rooms that currently bring in a solid R14 000 per month in rental income, this property offers a proven multi-let investment opportunity.
But that's not all — the main house, a spacious 3-bedroom, 1-bathroom home, remains vacant and can generate an additional R6 000+ monthly, bringing the total earning potential to over R20 000 per month.
Why Invest Here?
Perfect for township investors looking for passive income from day one
Live in the main house while the back rooms pay off your bond
Or rent out everything and enjoy maximum return on investment
Flexible use: Family home, investment property, or a hybrid of both
Room for improvement – increase rental rates with minimal upgrades
Location Highlights:
Walking distance to churches, public parks, and the BP petrol station
Less than 10km from Eshilo Clinic
Centrally located with access to local transport routes and amenities
This is a rare multi-let investment in the township market where rental demand remains strong and cash flow is king.
Whether you're an experienced investor or just starting out, this property gives you a head start with tenants already in place, a secure location, and multiple income streams.
Monthly Rates
R1,500
Features
Interior
Exterior
Sizes
Additional Amenities
Listing Info
Rabie Ridge, Midrand
Leapfrog offers an excellent range of Midrand property and houses, ensuring a wide selection for homeowners seeking to invest in this prime area. Midrand is located in the Johannesburg metropolis in Gauteng, South Africa. It was established as a local municipality in 1981, but was incorporated into Region 2 of Johannesburg during the late 1990’s and in 2006, when the number of regions was reduced to seven; it formed part of Region A. The name Halfway House is suitable as it is halfway between The Rand (Witwatersrand) and Pretoria. Your property in Midrand will be very well located and is completely built around the N1 and soon to be completed Gautrain Rapid Rail Link between Johannesburg, Pretoria and OR Tambo International...
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Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
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Disclaimer
While every effort will be made to ensure that the information contained within the Leapfrog Property Group website is accurate and up to date, Leapfrog Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
