This well-located 7-unit residential property offers strong, steady rental income and is situated close to major amenities, making it highly attractive to tenants and investors alike.
All 7 units are fully tenanted, providing immediate return on investment.
Unit Breakdown
• Unit 1:
3 Bedrooms (main with dressing room & en-suite), kitchen, lounge, dining room, bathroom, and 3 balconies
• Unit 2:
1 Bedroom, kitchen, lounge, bathroom
• Unit 3:
2 Bedrooms, lounge, kitchen, bathroom
• Unit 4:
1 Bedroom, kitchen, bathroom
• Unit 5:
1 Bedroom, kitchen, bathroom
• Unit 6:
2 Bedrooms, lounge, kitchen, bathroom
• Unit 7:
2 Bedrooms, lounge, kitchen, bathroom
Additional Features
• Double garage
• Secure parking
Financials
• Current Rental Income: R37 000 per month
• Net Profit: ± R32 877 per month
• Value-Add Opportunity:
Unit 8 is incomplete and has potential to generate an additional ± R4 500 rental income per month
This is a rare opportunity to secure a high-yield multi-unit property with immediate income and future growth potential. This well-positioned multi-unit property presents a fantastic investment opportunity for buyers looking to secure steady, reliable rental income in a safe and well-established residential area.
Perfectly located, the property is close to schools, shops, and essential amenities, making it highly attractive for long-term tenants. It is also conveniently situated not far from Cornubia Mall, giving residents easy access to retail, dining, and everyday conveniences.
If you’re looking for a high-yield investment in a sought-after area with room for further income growth, this is an opportunity not to be missed.