EXCEPTIONAL 11-UNIT INVESTMENT PROPERTY FOR SALE – LA ROCHELLE, JOHANNESBURG SOUTH
An outstanding investment opportunity situated on 7th Street, La Rochelle, right next to the main road, offering excellent accessibility and convenient access to bus and taxi routes.
Located in an area experiencing strong rental demand, this property presents an excellent opportunity for investors looking to generate multiple streams of rental income.
PROPERTY BREAKDOWN
- 1 Bachelor Unit
- 9 One-Bedroom Cottages
- 1 Two-Bedroom Cottage
- 11 Rental Units in Total
PROPERTY FEATURES
- Individual prepaid electricity meters for every unit.
- Individual prepaid water meters for every unit.
- Central control box for managing and monitoring all units' electricity and water meters.
- All 11 units are reflected on the property plans.
- Building plans will be provided, subject to approval and verification.
POTENTIAL MONTHLY RENTAL INCOME
| Unit | Monthly Rental |
|---|---:|
| Bachelor Unit | R2,800 |
| Units 1–6 | R3,000 each |
| Unit 7 | R3,700 |
| Unit 8 | R3,000 |
| Unit 9 | R3,800 |
| Two-Bedroom Unit | R4,500 |
| TOTAL | R38,800 |
TOTAL POTENTIAL MONTHLY RENTAL: R38,800
TOTAL POTENTIAL ANNUAL RENTAL: R465,600
AN INVESTOR'S DREAM!
With 11 rental units, individual prepaid water and electricity meters, and a strategic location close to public transport, this property offers an attractive income-generating opportunity in one of Johannesburg South's established rental areas.
Whether you're an experienced property investor or looking to expand your rental portfolio, this is an opportunity to acquire a multi-unit property with excellent income-generating potential.
Don't miss out on this investment opportunity!