Investment Opportunity on Conrad Drive, Blairgowrie – Four Income-Generating Dwellings
updated on May 18, 2026
R 2 499 000

WEB REF: 765611

Property Summary
  • Selling Price R 2 499 000
  • Property Type House
  • Erf Size 972 m2
  • Rates & Taxes R1722.00


  • Beds 4
  • Baths 4
Description

Positioned on sought-after Conrad Drive in the heart of Blairgowrie, this versatile income-producing property presents an excellent opportunity for investors seeking strong rental returns in a well-established residential area. The property has been thoughtfully divided into four separate dwellings, each offering a comfortable and practical layout comprising a bedroom, bathroom, basic kitchen, and living area. Designed for ease of living and tenant convenience, every unit also includes covered parking and its own prepaid electricity meter, allowing tenants to manage their individual electricity consumption independently. Currently, water usage is included in the rental income, while the property generates a solid combined monthly rental income of approximately R22,860, with individual units achieving between R5,500 and R5,800 per month. At the asking price of R2,499,000, the property offers an attractive gross rental yield of approximately 10.98%, making it a compelling addition to any investment portfolio. Conveniently located close to major routes, amenities, schools, and business nodes, this property combines strong income potential with long-term rental appeal in a consistently popular Johannesburg suburb. An ideal opportunity for investors looking for immediate rental income with excellent yield potential.

Additional Features
  • Auto Gates
  • Braai Area
  • Burglar Bars
  • Garden
Property Address

115 , Barkston Drive , Gauteng, Randburg

Contact Agent(s)

eMail Agent(s)