High-Yield Investment Opportunity...
Fully Tenanted 10-Unit Multi-Residential Block in Troyeville. Perfectly positioned on a prominent corner stand in the high-demand inner-city fringe of Troyeville, Johannesburg, this multi-residential property is a turn-key cash cow for serious property investors. The property is currently fully tenanted and generates an impressive rental income of approximately R60,000 per month, offering immediate positive cash flow from day one with zero vacancy lag. The building is highly optimized for security and tenant convenience, featuring two separate street entrances equipped with remote-controlled electronic gates.
This dual-access configuration ensures smooth vehicle traffic flow, maximizes available secure parking spaces, and dramatically increases the property's layout efficiency and overall tenant appeal. Exceptional investment, immediate cash flow, fully tenanted 10-unit block generating +/- R60,000 in monthly gross rental income. Premium corner stand, superior street visibility, enhanced natural lighting, and optimized architectural layout. Two remote-controlled entrances providing effortless vehicle entry and exit routes. Situated in an incredibly high-density tenant demand zone bordering major commercial nodes.
Configured to maximize space utility and provide comfortable, independent tenant living. Fully walled boundary wall integrated with secure electronic access gates. Secure internal parking courtyard easily serviced by the dual-gate transport layout.
Troyeville offers the ultimate geographical advantage, positioning tenants on the immediate eastern edge of the Johannesburg Central Business District (CBD). Positioned right off Albertina Sisulu Road, providing direct minibus taxi, Rea Vaya, and Metro-bus connections straight into the CBD. Walking distance or a short 2-minute drive to the trendy Maboneng Precinct and local landmarks like the historic Troyeville Hotel. Quick, convenient proximity to Ellis Park Stadium and surrounding athletic facilities. Easy commuting distance for students attending the University of Johannesburg (UJ) Doornfontein Campus and central city colleges.