- 991 m2
- 991 m2
Monthly Costs
Monthly Bond Repayment ZAR .
Calculated over years at % with no deposit. Change Assumptions
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Mun. Rates & Taxes: ZAR 8144.33
Property description
Set in a sought-after residential enclave, this income-generating gem presents the perfect opportunity for the savvy investor. Situated on a 991m² freehold erf, this fully tenanted complex offers consistent rental returns and long-term growth potential.
Unit Breakdown:
9 x One-bedroom units @ R5,500 to R6,500 each
6 x Bachelor units @ R3,800 to R5,000 each
Monthly Income: R61,500
Rates & Taxes: R3,200
Levies: R4,500
Other Operating Costs: ±R7,000
Net Monthly Income: ±R46,800
The total floor area of the units is approx. 410m². Each unit offers a functional layout suited to the rental market. Features include a secure gated entrance, parking bays, communal pool, and entertainment area – enhancing tenant retention and appeal.
An ideal investment for buyers seeking a stable, income-generating asset in a high-demand residential node.
Asking Price: R5,400,000
Property Details
Property Features
| Floor Area | 991 m2 |
| Erf Size | 991 m2 |
