Exceptional Investment Opportunity – Entire 16-Unit Complex for Sale
This fully tenanted residential complex offers an outstanding opportunity for investors seeking strong, stable returns with minimal monthly expenses.
The property consists of 16 well-maintained units, including:
4 × One-bedroom, one-bathroom units
12 × Two-bedroom, one-bathroom units
Each unit features a spacious living area and a well-designed kitchen equipped with a built-in oven and hob, plus a dedicated space for a dishwasher. The bathrooms in all units include plumbing and space for a washing machine, ensuring convenience for tenants and adding to rental appeal.
All 16 units are currently tenanted, with rental insurance in place, providing added peace of mind and secure monthly income.
A key benefit is that the complex is owned by a single owner and is not sectionalised, meaning no levy payments. With only one municipal rates payment and one refuse payment for the entire complex, your monthly overheads are significantly reduced.
The property is held in a Closed Corporation (CC), offering the option to purchase the CC directly, resulting in no transfer fees, which further enhances the investment value.
This is a rare opportunity to acquire a fully occupied, low-maintenance complex with excellent income potential. A perfect addition to any investment portfolio.
Please note, the photos are a representation of one unit.
The property consists of 16 well-maintained units, including:
4 × One-bedroom, one-bathroom units
12 × Two-bedroom, one-bathroom units
Each unit features a spacious living area and a well-designed kitchen equipped with a built-in oven and hob, plus a dedicated space for a dishwasher. The bathrooms in all units include plumbing and space for a washing machine, ensuring convenience for tenants and adding to rental appeal.
All 16 units are currently tenanted, with rental insurance in place, providing added peace of mind and secure monthly income.
A key benefit is that the complex is owned by a single owner and is not sectionalised, meaning no levy payments. With only one municipal rates payment and one refuse payment for the entire complex, your monthly overheads are significantly reduced.
The property is held in a Closed Corporation (CC), offering the option to purchase the CC directly, resulting in no transfer fees, which further enhances the investment value.
This is a rare opportunity to acquire a fully occupied, low-maintenance complex with excellent income potential. A perfect addition to any investment portfolio.
Please note, the photos are a representation of one unit.
Monthly Rates
R1,584.24
Features
Interior
Exterior
Sizes
Listing Info
Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
Disclaimer
While every effort will be made to ensure that the information contained within the Just Property website is accurate and up to date, Just Property makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
