Exceptional high-yield mixed-use investment opportunity in Mindalore/Witpoortjie, offering strong, diversified income and long-term stability.
This well-maintained property comprises:
- 16 studio apartments, each with an en-suite bathroom and kitchenette
- 8 ground-floor retail units with established tenants
- On-site caretaker responsible for maintenance and rent collection
The building is structured for efficient, low-maintenance operation, with a reliable tenant base and consistent rental demand.
INCOME BREAKDOWN
Residential Income: R39,500 per month
Retail Income: R37,800 per month
Electricity Recovery: R16,000 per month
Gross Monthly Income: R93,300
Net Monthly Income: ±R52,500
Net Annual Income: ±R630,000
INVESTMENT HIGHLIGHTS
- 15.8% net yield at the asking price
- 24 income-generating units providing diversified income
- Strong mix of residential and retail tenants
- High-volume borehole with filtration system
- Well-maintained structure with key upgrades completed
- On-site caretaker ensuring smooth day-to-day operations
WHY THIS PROPERTY STANDS OUT
The combination of residential and retail income creates a balanced and resilient investment. Utility recoveries enhance overall returns, while the number of units reduces vacancy risk.
This is a proven income-generating asset suited to investors focused on strong monthly cash flow and long-term stability.
High-yield opportunities at this level are limited.
Contact us for a full financial breakdown or to arrange a viewing.