Property description

Unlock the potential of a well-maintained, income-generating residential property offering an excellent opportunity for investors seeking an established rental asset with reliable occupancy.

This multi-unit residential complex comprises five spacious, self-contained units, each thoughtfully designed for comfortable modern living. Every unit features a fully tiled kitchen fitted with modern cupboards, a double sink, four-plate stove and thermal oven. Each unit offers two tiled bedrooms with built-in wardrobes, providing practical storage and easy maintenance.

The modern, fully tiled bathroom in each unit is equipped with a bathtub, shower, basin and toilet, delivering convenience and functionality for tenants. Each unit is also fitted with its own pre-paid electricity meter, providing tenants with greater control over their electricity consumption while offering the owner an efficient utility management solution.

Set on a substantial 826-square-metre stand, the property is fully fenced and paved, creating a neat, secure and low-maintenance environment. Convenient carports provide dedicated parking for residents, adding further value and appeal to the property.

From an investment perspective, the property is already generating income, with all five units currently occupied and a combined rental income of R16,000 per month. Existing rental contracts are in place until March 2027, providing an established tenant base and contractual rental income into the future.

Whether you are an experienced property investor looking to expand your portfolio or a buyer seeking a property with an existing income stream, this opportunity offers a combination of multiple rental units, established occupancy, secure parking and long-term investment potential.

Five units. Established tenants. R16,000 monthly rental income. Contracts secured until March 2027.

Contact us today to arrange a viewing and explore this income-generating investment opportunity.