Exceptional Investment Opportunity | 43 Full Title Duplex Units | Winchester Hills

An outstanding opportunity to acquire a fully operational, income-producing residential complex in the heart of Winchester Hills. This secure full-title estate comprises 43 well-maintained duplex units, offering investors a rare chance to acquire a proven, income-generating asset with exceptional tenant retention, modern management technology, and significant long-term value.

Generating a gross monthly rental income netting R350,000 excluding utilities and additional charges, this turnkey investment delivers immediate cash flow and excellent future growth potential. Please note, this is not a VAT transaction.

Investment Highlights

• 43 full-title duplex units
• Gross monthly rental income approximately R344,000 after billing; including extras, just over R400,000 per month
• Proven long-term investment with stable rental income
• Well-established, professionally managed estate
• Simple, seamless transition for new ownership
• No levies payable
• Rates and taxes charged on the entire property, not per unit
• Fully automated Esirent Biometric property management and access system
• Prepaid water and electricity throughout
• Estate-owned Wi-Fi infrastructure
• Secure estate with advanced security systems
• Approximately 80% of units tastefully revamped
• Additional land available for future development

A Proven, Well-Run Investment

Owned and meticulously maintained by the current owners for over 30 years, this complex boasts a well-established residential community with an outstanding rental history. Tenant retention is exceptional, with residents typically occupying their units for 5 to 10 years, providing investors with confidence in consistent future rental income.

This turnkey investment has been carefully managed over decades. Established systems, staff, and operational processes are in place, ensuring a smooth transition for new ownership. Whether you choose hands-on management or appoint professionals, the estate structure supports efficient and uninterrupted operations from day one.

Advanced Biometric Estate Management

The complex operates on the Esirent Biometric Smart Management System, offering a secure, efficient, and largely automated property management solution. Features include:

• Biometric tenant identification and access control
• Automated tenant applications and credit vetting
• Digital lease generation
• Automated invoicing and billing
• Rental collections
• Cashless EFT payment processing

This system significantly reduces administrative burden while enhancing security and efficiency. Current system costs are R99 per unit per month for the biometric prepaid system, plus a 10% management fee payable to Esirent.

The current owners are willing to continue managing the estate during handover or beyond if required. An experienced on-site team of three security officers and four maintenance staff can remain in place to ensure uninterrupted operations.

Accommodation

The estate comprises:

• 12 x Three-Bedroom Duplex Units

  • Single garage
  • Shade-net parking
  • Private garden

• 20 x Two-Bedroom Duplex Units

  • Shade-net parking
  • Additional open parking
  • Private garden

• 10 x Two-and-a-Half-Bedroom Duplex Units

  • Shade-net parking
  • Additional visitor parking
  • Private garden

• 1 x Standalone Three-Bedroom Residence

  • Separate from main complex
  • Private parking and garden

Each duplex features an open-plan kitchen and living area, one bathroom, private pet-friendly garden, prepaid electricity, and prepaid water.

Rental Structure

Three-Bedroom Units

• Rent: R9,800
• Sewage: R710
• Refuse: R150
• Security: R570
• Service & Network: R160
• Uncapped 50 Mbps Wi-Fi: R350
  Total Monthly Charge: R11,740

Two-Bedroom Units

• Rent: R8,200
• Sewage: R710
• Refuse: R150
• Security: R570
• Service & Network: R160
• Uncapped 50 Mbps Wi-Fi: R350
  Total Monthly Charge: R10,140

Water and electricity are prepaid for all units.

Estate Features

Residents benefit from:

• Advanced biometric access control
• High-end estate security systems
• Estate-owned fibre and Wi-Fi network
• Cashless rental collection
• Professionally maintained communal areas
• Private gardens for every unit
• Pet-friendly accommodation

The estate includes undeveloped land offering excellent potential for lifestyle amenities such as a swimming pool, clubhouse or entertainment area, children’s playground, or gymnasium.

Prime Winchester Hills Location

Ideally situated near major transport routes, shopping centres, schools, and essential amenities, the estate enjoys strong tenant demand. Nearby facilities include The Glen Shopping Centre, Mall of the South, Columbine Square Shopping Centre, Winchester Ridge Primary School, Sir John Adamson High School, and Rising Sun Montessori School. Quick access to major highways ensures excellent connectivity throughout Johannesburg South.

A Rare Legacy Investment Opportunity

With over 30 years of proven ownership, an exceptionally loyal tenant base, 80% refurbished units, advanced Esirent biometric management technology, an experienced on-site team, and established operational systems, this is a well-run turnkey investment ready for immediate takeover.

For investors seeking a stable, income-producing residential asset with reliable cash flow, low operational risk, and future development potential, this estate represents an outstanding acquisition.

Contact Graeme today to arrange an exclusive private viewing and secure this exceptional investment opportunity.