Seize one of the highest-yielding cash-flow opportunities currently on the market. Positioned in the hyper-dense, near-zero vacancy rental hub of Ivory Park, this massive residential complex consists of a double-story structure with 12 rental rooms plus a premium, high-value self-contained outside cottage. Delivering a massive R20,800 in monthly rental income, this turnkey building offers immediate, defensive wealth generation from day one.
This property offers unbeatable investment advantages and exceptional cash flow, generating a reliable R20,800 per month, this property represents an unmatched passive income stream for serious real estate investors. Every single rental unit is equipped with its own individual prepaid electricity meter. Tenants manage their own power usage, eliminating landlord utility debt risks. With 13 separate income streams, your investment is heavily protected against single-tenant vacancy risks.
There are 6 upstairs rooms serviced by 2 neat communal toilets. 6 downstairs rooms serviced by 2 neat communal toilets. The premium outside cottage features a large bedroom, a separate lounge, a kitchen, and a private en-suite bathroom. An additional outside toilet is available on-site for communal or service use.
Current Price Structure: 7 rooms @ R1,400 | 2 rooms @ R1,700 | 3 rooms @ R1,200 | 1 cottage @ R4,000.
Ivory Park is strategically positioned to attract a non-stop queue of high-quality, working-class tenants due to its brilliant accessibility to major Gauteng commercial nodes with unmatched commuter convenience via the Ivory Park Taxi Ranks, local transport routes, and quick access to the Kempton Park, Midrand, and Olifantsfontein transit corridors. Located just minutes away from the ultra-modern Mall of Thembisa, Busy Corner Mall (Ebony Park), and local everyday supermarkets. Easy walking distance to Ivory Park Primary School, Ivory Park Secondary School, local clinics, and the vibrant Ivory Regional Park.
• This property is purpose-built for high-yield residential micro-leasing.
Preferably cash buyers....
Don't let this high-performing cash asset slip away.
Contact us today to secure an exclusive investor viewing!