Investor’s Dream | Developer’s Goldmine
Unlock the potential of this fully tenanted, income-generating residential estate in the sought-after suburb of Cloverdene (registered as Van Ryn SH), Benoni. This rare and lucrative opportunity combines two adjacent properties, offering a total of 36 completed units, 20 approved development stands, and solid, scalable rental income.
Beautifully landscaped gardens complement the driveways and communal spaces, with two entrances — a main access gate with guardhouse and access control, and a secondary service entrance for convenience.
Property 1: Fully Tenanted Residential Complex | 25 Units
Unit Breakdown:
13 × 3-Bedroom Units
7 × 2-Bedroom Units
5 × 1-Bedroom Units
Features & Amenities:
Communal swimming pool
Secure premises with ample parking
All units fitted with prepaid electricity meters
Financials:
Current Monthly Rental Income: R172,750
Scheduled Rental Increase: 5% (effective November 2025)
Projected Monthly Income: R181,387.50
Projected Annual Income: R2,176,650
Property 2: Partially Developed Estate with Approved Expansion Plans
Current Development:
11 Completed Units:
4 × 3-Bedroom Units
7 × 2-Bedroom Units
Bonus: Block of 5 Flats (Bachelor, 1-Bedroom & 2-Bedroom) for rental diversity
20 Approved Residential Stands – Zoned and ready to expand the total unit count from 36 to 56
Approved recreational park area to enhance lifestyle and community appeal
Infrastructure & Features:
Prepaid electricity in all units
Borehole water supply
6 × 10,000L backup water tanks
Pet-friendly private gardens
Covered patios with built-in braais
Double carports per unit
Gas stoves for energy efficiency
Communal lapa, braai area & children’s playground
5 rentable storage garages
Financials:
Current Monthly Rental Income: R70,450
Projected Monthly Income (Nov 2025): R73,972.50
Projected Annual Income: R887,670
Combined Investment Summary
Total Completed Units: 36
Total Approved Development Stands: 20
Combined Current Rental Income: R243,200 / month
Projected Monthly Income (Nov 2025): R255,360
Projected Annual Income (Post-Increase): R3,064,320
All Units Fitted with Prepaid Electricity
High Occupancy Rates and Strong Tenant Retention
Security Features
Fully walled perimeter with electric fencing
Night-time security guard on-site
Remote-controlled gate access for residents
Burglar bars and security gates on all units
Location Highlights
Fast-growing suburb of Benoni
Close to major transport routes (including N12), schools, shops & essential amenities
Family-oriented community with lifestyle appeal
Currently zoned Agricultural — rezoning to Residential expected within 2–3 months
Don’t Miss This Opportunity
A turnkey investment offering immediate rental returns with the added advantage of approved expansion potential. Whether you’re looking to scale your property portfolio or develop further for long-term capital growth, this property is a standout opportunity.
Contact me today to arrange a private viewing.
Opportunities like this are rare — act now!