- 23
- 18
- 780 m2
- 2 000 m2
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Monthly Bond Repayment ZAR .
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Disclaimer: The estimates contained on this webpage are provided for general information purposes and should be used as a guide only. While every effort is made to ensure the accuracy of the calculator, RE/MAX of Southern Africa cannot be held liable for any loss or damage arising directly or indirectly from the use of this calculator, including any incorrect information generated by this calculator, and/or arising pursuant to your reliance on such information.
Mun. Rates & Taxes: ZAR 5958.00
Monthly Levy: ZAR 14921.00
Property description
An outstanding investment opportunity awaits within a fully-tenanted residential block offering consistent rental income and hassle-free management.
Property Details:
• Number of Units: 10 For Sale, 24 In Total
• Monthly Income: R75,000 (R900,000 annually)
• Occupancy: Fully tenanted with long-term, reliable tenants
• Property Type: Sectional title residential block
Investment Features:
• Turnkey Income: Generate immediate returns with no downtime—The units are already a proven income-generating asset.
• Prime Location: Ideally situated in a thriving neighbourhood with high tenant demand and excellent access to schools, shops, OR Tambo and public transport.
• Future Growth Potential: Benefit from stable rental income while exploring opportunities to enhance revenue or value-add upgrades.
• Low Maintenance: Well-maintained units requiring minimal ongoing upkeep.
Additional Amenities:
• Secure tenant parking.
• Modern finishes across all units.
• Strong rental history and low tenant turnover.
This opportunity offers a solid foundation for immediate and sustained investment success. With a current monthly income of R75,000 and a strong location advantage, this property is a must-see for serious investors looking to grow their portfolio.
Offers from R5.99M. Contact us today for more information or to arrange a private viewing.
Terms and Conditions Apply.
Property Details
- 23 Bedrooms
- 18 Bathrooms
Property Features
Bedrooms | 23 |
Bathrooms | 18 |
Floor Area | 780 m2 |
Erf Size | 2 000 m2 |