INVESTMENT PROPERTY WITH MULTIPLE INCOME STREAMS – SAVOY ESTATE, JOHANNESBURG
Located in the secure, boomed-off suburb of Savoy Estate, this multi-dwelling property presents an exceptional income-generating investment opportunity in a prime location.
The Property comprises a three-bedroom main house with an attached one–bedroom flatlet, a separate two-bedroom cottage, a stand-alone guest room,
and a home office with its own private entrance that can easily be converted into an additional flatlet or used as a professional workplace.
In addition, the property includes staff quarters with two bedrooms and a bathroom, further enhancing operational flexibility for long -term rentals, short-term accommodation, or on-site management.
This configuration allows for multiple rental models, including:
- Long-term residential rentals
- Short-term or Airbnb-style accommodation
- Corporate housing for professionals working in Sandton, Rosebank, and Melrose Arch
- Work-from-home professionals or small business tenants using the private office space.
The secure setting, central locations, and independent living units make this property ideally suited for high-yield, diversified rental income.
reducing vacancy risk by spreading returns across several units rather than relying on a single tenant.
Whether positioned as a multi-let residential investment, a hybrid live-and-earn property, or a corporate and short-stay rental portfolio, this property offers strong income potential.
ESTIMATED MONTHLY RENTAL INCOME BY UNIT :
Main house – 3 Bedrooms, 2 Bathrooms
Approximately: R18 000
- Family or corporate lease
- Higher end achievable if modern finishes, parking, and garden privacy
ATTACHED FLATLET – 1 Bedroom
Approximately R6 500.00
- Very strong demand from single professionals
- Private access pushes this towards the upper range
SEPARATE COTTAGE – 2 Bedrooms
Approximately: R10 000
- Excellent standalone rental appeal
- Ideal for young families or professional sharers
STAND – ALONE GUEST ROOM
Approximately R4000.00
or
R1000.00 per night (short stay)
HOME OFFICE /CONVERTIBLE TO FLATLET
As office: approximately R6000.00
Converted to flatlet approximately R7500.00
STAFF QUARTERS – 2 Bedrooms
Approximately R5000.00
Can be rented as shared accommodation or retained for on-suite staff
The Property comprises a three-bedroom main house with an attached one–bedroom flatlet, a separate two-bedroom cottage, a stand-alone guest room,
and a home office with its own private entrance that can easily be converted into an additional flatlet or used as a professional workplace.
In addition, the property includes staff quarters with two bedrooms and a bathroom, further enhancing operational flexibility for long -term rentals, short-term accommodation, or on-site management.
This configuration allows for multiple rental models, including:
- Long-term residential rentals
- Short-term or Airbnb-style accommodation
- Corporate housing for professionals working in Sandton, Rosebank, and Melrose Arch
- Work-from-home professionals or small business tenants using the private office space.
The secure setting, central locations, and independent living units make this property ideally suited for high-yield, diversified rental income.
reducing vacancy risk by spreading returns across several units rather than relying on a single tenant.
Whether positioned as a multi-let residential investment, a hybrid live-and-earn property, or a corporate and short-stay rental portfolio, this property offers strong income potential.
ESTIMATED MONTHLY RENTAL INCOME BY UNIT :
Main house – 3 Bedrooms, 2 Bathrooms
Approximately: R18 000
- Family or corporate lease
- Higher end achievable if modern finishes, parking, and garden privacy
ATTACHED FLATLET – 1 Bedroom
Approximately R6 500.00
- Very strong demand from single professionals
- Private access pushes this towards the upper range
SEPARATE COTTAGE – 2 Bedrooms
Approximately: R10 000
- Excellent standalone rental appeal
- Ideal for young families or professional sharers
STAND – ALONE GUEST ROOM
Approximately R4000.00
or
R1000.00 per night (short stay)
HOME OFFICE /CONVERTIBLE TO FLATLET
As office: approximately R6000.00
Converted to flatlet approximately R7500.00
STAFF QUARTERS – 2 Bedrooms
Approximately R5000.00
Can be rented as shared accommodation or retained for on-suite staff
Monthly Rates
R1,952.70
Features
Interior
Exterior
Sizes
Additional Amenities
Listing Info
Savoy Estate, Johannesburg
- Street map
- Street view
Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
Disclaimer
While every effort will be made to ensure that the information contained within the Firzt Realty website is accurate and up to date, Firzt Realty 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.
