R 950 000 | 7 bed property for sale in forest hill

INVESTMENT OPPORTUNITY – TURF CLUB Asking Price: R950 000 (Cash Buyers Only) This fully tenanted investment property in Turf Club presents a high-yield opportunity for experienced investors looking to unlock value. The property has been fully converted into multiple rental units and currently generates approximately R18 000 per month in rental income. Important Details: Property has been converted into units (no formal kitchen in main structure) No approved building plans Outstanding municipal rates approximately R500 000 Banks are currently not approving bonds on the property Seller wants to exit bond urgently Ideal Buyer Profile: This opportunity best suits a cash buyer who understands distressed or high-risk investments and is willing to settle the outstanding rates to regularise the property. Located in a high-demand rental area in Turf Club, close to main transport routes, schools, and local amenities — making it attractive for consistent tenant demand.