Investment Property with a potential of R 72 000 / month Rental Income

Ref # 2416487
R2,600,000
Property Details
5 Beds
3 Baths
4 Garages
450m²
2,974m²

An incredible opportunity for investors and developers! This spacious 5-bedroom family home sits on a 2,974m2 stand in the heart of Fairland, Johannesburg.

The property offers multiple living spaces, Lounge, Dining room, 2 Family rooms, 5 Bedrooms, 2 bathrooms a large kitchen with scullery, study/games room, pool, 2 double garages — making it perfect for both immediate living or redevelopment.

There is also a one bedroom cottage.

Development Potential:

The municipality supports rezoning for 8 dwelling units, giving you the chance to transform the existing structure into 8 modern townhouses. With a modest renovation investment, projected rental income could reach ±R72,000 per month.

Location & Surroundings:

Fairland is a quiet, established suburb known for its tree-lined streets and large properties. It’s conveniently located near:

Cresta Shopping Centre & Fairland Walk

Excellent schools (Reddford House, Cliffview Primary, Northcliff High, Fairland Laer skool)

Parks & recreational facilities

Easy access to the N1 highway and Beyers Naudé Drive

This is a rare chance to secure a large property in a prime location, with both immediate lifestyle value and long-term investment returns.

Price: R2,600,000

Property Features
Property Type
House
Bedrooms
5
Bathrooms
3
Garages
4
Floor Size
450m²
Land Size
2,974m²
Living Area
5
Study
1
Costs and Terms
Rates & Taxes
±R2,783
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