Property Details
Investor’s Dream | Developer’s Goldmine
Unlock the potential of this fully tenanted, income-generating residential estate in the highly sought-after suburb of Cloverdene (registered as Van Ryn SH), Benoni. This rare offering includes two adjacent properties, combining 36 completed units, 20 approved development stands, and solid rental income with room for growth.
Property 1:
Fully Tenanted Residential Complex | 25 Units
Unit Breakdown:
13 × 3-Bedroom Units
7 × 2-Bedroom Units
5 × 1-Bedroom Units
Features & Amenities:
Communal swimming pool
Secure premises with ample parking
All units equipped with prepaid electricity meters
Financials:
Current Monthly Rental Income: R172,750
Rental Increase: 5% effective November 2025
Projected Monthly Income: R181,387.50
Projected Annual Income: R2,176,650
Property 2:
Partially Developed – Approved for Expansion
Current Development:
11 Completed Units:
4 × 3-Bedroom Units
7 × 2-Bedroom Units
BONUS: Block of 5 Flats (bachelor, 1-bed, and 2-bed units) for rental diversity
20 Approved Residential Stands – Zoned and ready to increase unit total from 36 to 56
Approved recreational park area to enhance community living
Infrastructure & Features:
Prepaid electricity in all units
Borehole water supply
6 × 10,000L backup water tanks
Pet-friendly private gardens
Covered patios with built-in braais
Double carports per unit
Gas stoves for energy efficiency
Communal lapa, braai area, and children’s playground
5 rentable storage garages
Financials:
Current Monthly Rental Income: R70,450
Projected Monthly Income (Nov 2025): R73,972.50
Projected Annual Income: R887,670
Combined Investment Summary
Total Completed Units: 36
Total Approved Development Stands: 20
Combined Current Rental Income: R243,200/month
Projected Rental Income (Nov 2025): R255,360/month
Projected Annual Income (Post-Increase): R3,064,320
All units with prepaid electricity
High occupancy rates and strong tenant retention
Security Features:
Fully walled perimeter with electric fencing
Night-time security guard on-site
Remote-controlled gate access for residents
Burglar bars and security gates on all units
Location Highlights:
Fast-growing suburb of Benoni
Close to major transport routes (incl. N12), schools, shops, and amenities
Family-oriented environment with lifestyle appeal
Currently zoned Agriculture, will be changed to residential within the next 2-3 months
Don’t Miss This Opportunity!
This turnkey investment offers immediate rental returns with the added benefit of approved expansion potential. Whether you're looking to scale your portfolio or develop further for long-term capital growth, this is your chance.
Contact us now to schedule a private viewing.
Opportunities like this don’t last!