Property Details
This well-maintained residential complex offers an outstanding investment opportunity in the heart of Fordsburg. Comprising 9 income-generating units—including 4 bachelor flats, 4 one-bedroom flats, 5 two-bedroom flats, and 2 three-bedroom flats—this property yields an approximate monthly rental income of R65,000. All units have been uniformly upgraded with modern finishes, and each includes built-in cupboards, prepaid electricity and water, and smart-home-ready infrastructure with fibre connectivity.
Situated just minutes from the bustling Fordsburg CBD, the complex is surrounded by a wide range of amenities, including gyms, colleges, hospitals, shopping centres, and nightlife options. It's also a short 20-minute drive to Sandton, Bryanston, or Rosebank, making it an attractive location for professionals, students, and small families alike. The two-block complex spans three floors, each thoughtfully designed to maximize living space and natural light. With all units currently tenanted on a month-to-month basis, the new owner has the flexibility to transition to long-term leases. This secure, self-managed building includes a live-in caretaker, security features, and insurance—all overseen by the current landlord, who also serves as the body corporate. Financials are in place, and the building is fully paid off.
Viewings are by appointment only—contact us today to arrange your private tour and explore this rare, high-yield property opportunity.