Hurlyvale, Edenvale, Gauteng ID 1233081
Commercial
0.0
0
991m2
This fully tenanted, fully furnished 15-unit residential complex is set on a 991m² freehold erf in a sought-after area, offering strong rental income potential. Easy access to OR Tambo Airport, R24 Freeway and several shopping centers. Unit Breakdown: 9 x One-bedroom units @ R6,000 rental income each 6 x Bachelor units @ R5,000 each rental income each Total Gross Monthly Income: R81,531 Basic Monthly Expenses: Rates & Taxes+- : R8 144 .33 Other Operating Costs: ±R36,106 Net Monthly Income: ±R45,425 The total floor area of the units is approx. 410m². Each unit offers a functional layout suited to the rental market. Features include a secure gated entrance, parking bays, communal pool, and entertainment area – enhancing tenant retention and appeal. An ideal investment for buyers seeking a stable, income-generating asset in a high-demand residential node. Asking Price: R5,500,000
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