Unlock the potential of this outstanding income-generating asset located in the heart of Primrose. This fully tenanted block of apartments, combined with commercial shopfronts, offers a rare opportunity for investors seeking both immediate returns and long-term value growth.
With a gross monthly rental income of approximately R90,000, this property spans 872 square meters and delivers a strong, diversified revenue stream across residential and commercial tenancies. All units are equipped with prepaid electricity and water, ensuring operational efficiency and tenant accountability.
Property Breakdown:
Two 1-bedroom apartments
One 2-bedroom apartment
One 3-bedroom apartment
Two 4-bedroom apartments
Five rental rooms
Three ground-floor commercial shops
Key Investment Features:
Mixed Zoning: Commercial and residential usage increases income potential
High Occupancy Rate: Consistently strong tenant demand ensures stable cash flow
Strategic Location: Excellent visibility and access in a growing area
Ample Parking: Convenient for residents and shop customers alike
Close to Major Transport Links, Schools, and Amenities: A location that attracts both long-term tenants and business clients
This property is ideal for seasoned investors looking to scale their portfolio or new entrants seeking a secure, high-performing asset. With proven returns, a central location, and strong growth fundamentals, opportunities like this are seldom available.
To arrange a private viewing or receive further information, contact us today. Serious investors only.