R 5 900 000 | 15 bed property for sale in lombardy east

Property Description

High Rental Income Opportunity In Lombardy East Exceptional income-generating investment property situated on a large 1,500m² stand in the heart of Lombardy East. This fully tenanted multi-unit property has been converted into 19 rental units, offering immediate cash flow and strong monthly returns for investors. The property currently generates approximately R60,000 rental income per month with operating expenses of around R10,000 per month, making it an attractive addition to any property portfolio. Property Features: 15 fully occupied rental units Variety of unit types catering to different tenant needs Strong rental demand area Immediate return on investment Large stand with multiple income streams. This property is ideal for seasoned investors looking for a well-established rental business with stable tenants and consistent monthly income. Conveniently located close to major routes, shopping centers, schools, and public transport.


Property Details

Purchase Price R 5 900 000

Type of PropertyHouse

Last Updated11 Jun 2026

Rooms

Bedrooms15

Bathrooms7

Property Location

Similar Property in nearby suburbs

Agent

Sandanezwe Twala

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