Property features

R7 650 000
Rates R2329 pm

Property Details

This exceptional apartment complex presents an outstanding investment opportunity in a high-demand rental area. Consisting of 12 bachelor flats, one 1-bedroom unit, and one 2-bedroom unit, this fully tenanted property generates an impressive monthly rental income of R48,400. With individual pre-paid water and electricity meters for each unit and designated parking spaces, this low-maintenance property ensures both convenience and profitability for investors. Each unit has its own pre-paid utilities, reducing management hassles and ensuring tenants are responsible for their own consumption. Secure and convenient parking, each unit has a dedicated parking. Investment Highlights Monthly Rental Income: R48,400 – All units are currently rented out. Turnkey Investment – Fully tenanted with stable rental contracts, generating income from day one. This fully occupied, income-generating apartment complex is a rare find, offering strong rental returns and long-term value appreciation. Whether you’re expanding your portfolio or entering the property investment market, this opportunity is not to be missed. Contact me today to schedule a viewing and secure this lucrative investment!