- 16
- 8
- 560 m2
- 990 m2
Monthly Costs
Monthly Bond Repayment ZAR .
Calculated over years at % with no deposit. Change Assumptions
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Disclaimer: The estimates contained on this webpage are provided for general information purposes and should be used as a guide only. While every effort is made to ensure the accuracy of the calculator, RE/MAX of Southern Africa cannot be held liable for any loss or damage arising directly or indirectly from the use of this calculator, including any incorrect information generated by this calculator, and/or arising pursuant to your reliance on such information.
Mun. Rates & Taxes: ZAR 2500.00
Property description
Secure, Scalable and Profitable Investment
Introducing an exceptional opportunity to acquire a low maintenance commercial block of
purpose-built flats in a high-demand rental location, offering strong rental returns and long-term capital growth potential.
Whether you're a seasoned investor looking to expand your portfolio, or a new entrant seeking a low-risk, high-reward asset—this property ticks all the boxes.
Property Highlights:
- 8 Non-Sectionalised Self-Contained Flats – Each comprising 2 bedrooms, 1 bathroom with shower over bath, lounge / diningroom and self-contained kitchen and pre paid Electricity.
- Unit Types – 4 - 2-bed units on ground floor with small garden and 4- 2 bed units on the 1st floor. Each unit measures approximately 70m²
- Fully Let with Stable Income
- Low Operating Costs and Minimal Management Overheads
- Off-Street Parking / Communal Areas / Secure Access
- All units have been well maintained and are in good condition
Prime Location Benefits:
- Excellent Transport Links – 5 Minutes from major train / bus routes or highways
- Close to schools, Business Parks & Key Employment Hubs
- Walking Distance to Shops, Restaurants & Amenities
- Located in an area with consistent rental demand and capital appreciation
Investor Snapshot:
- Price: R7 995 000
- Gross Annual Rental Income: Contact Agent for further information
- Estimated Yield: Contact Agent for further information
- Potential for Upside: Through rent reviews and tenant recoveries.
Why Invest Here?
· Stable income stream
· High occupancy history
· Strong tenant demographic
· Excellent long-term growth trajectory
· Hands-off investment with optional property management in place
Don't miss out on this rare opportunity to own a high-performing asset in a sought-after
rental market.
Property Details
- 16 Bedrooms
- 8 Bathrooms
Property Features
Bedrooms | 16 |
Bathrooms | 8 |
Floor Area | 560 m2 |
Erf Size | 990 m2 |