4 Bedroom House for sale in Riverlea
Riverlea, Johannesburg, Gauteng
Listed by
Althea Maber
Details
Investors, stop scrolling. Seriously. What if I told you there was a property tucked away in one of Johannesburg`s best-kept secrets, generating income right now, sitting within easy reach of almost everywhere that matters? Welcome to Riverlea – the location that quietly keeps winning. Approximately: * 18 minutes to Sandton * 12 minutes to Johannesburg CBD * 12 minutes to Rosebank * 12 minutes to Parktown * 15 minutes to Florida * 12 minutes to Soweto If property investing is all about location, location, location, then this one clearly understood the assignment. Income-Producing From Day One Currently generating R11,000 per month in rental income, this property is already doing what investors love most: putting money to work. And here`s where things get interesting... The rentals have not been increased in quite some time, presenting a golden opportunity for a savvy investor to review and renegotiate lease agreements, potentially unlocking even greater returns. Three Units. Multiple Possibilities. Whether you`re looking for a rental portfolio addition, staff accommodation, communal living, student housing, or multi-generational living, this property offers flexibility in abundance. Unit 1 The larger of the three units offers: 2 generously sized bedrooms 1 bathroom Comfortable lounge Kitchenette With a little vision and a touch of TLC, this space could become the cornerstone of a highly desirable communal living setup. Units 2 & 3 Twin units that mirror each other perfectly, each offering: Open-plan lounge and kitchenette Bedroom with built-in cupboard space Bathroom with shower, toilet and basin Practical, functional and perfectly suited to the rental market. Why Investors Will Love This Property Existing rental income Three separate income-producing units Excellent central location Strong rental demand corridor Opportunity to improve returns Potential value-add through upgrades and modernization Multiple exit strategies The Bottom Line This isn`t the flashy property that spends all day taking selfies for Instagram. This is the property quietly sitting in a strategic location, collecting rent, offering upside potential, and waiting for the right investor to recognise the opportunity. The question isn`t whether this property has potential. The question is: How quickly can you get here before another investor beats you to it? Contact us today to arrange your viewing and discover why Riverlea may just be Johannesburg`s most underrated investment address. Opportunities like this don`t stay secret for long.