This exceptional investment opportunity presents a full block of flats consisting of 18 well-maintained units, each offering modern living spaces and reliable rental income. The block is thoughtfully designed, with every unit featuring 2 spacious bedrooms, 1 bathroom, and an open-plan kitchen and lounge area, creating a practical and inviting layout for tenants. The top-floor units currently generate a rental income of R5,300 per month, while the ground-floor units achieve a slightly higher rental return of R5,600 per month, thanks to their added appeal of private courtyards, which provide extra outdoor space for relaxation and convenience.
This consistent rental structure makes the property highly attractive for investors seeking stable returns and long-term growth potential. With 18 units in total, the block ensures diversified income streams, reducing vacancy risks and offering excellent cash flow. Each unit has been designed with comfort and functionality in mind, making them appealing to a wide range of tenants, from small families to young professionals. The property’s layout and rental history highlight its strong demand and reliability as an income-generating asset. Purchasing the entire block provides not only immediate returns but also significant future potential, whether through rental escalation, property appreciation, or further development opportunities. Rarely does a property of this scale and income stability come onto the market, making it a must-see for serious investors. With all units occupied and generating steady rental income, this block of flats is a turnkey investment that guarantees both security and profitability from day one.