Secure a premium income-producing asset with this well-located 12-unit residential complex, set on a generous 1,834 sqm erf and offering 24 under-roof parking bays. This established property generates a solid monthly rental income of R84,600, making it an ideal addition to any serious investment portfolio. Strategically positioned near a major hospital development, the complex benefits from high and consistent tenant demand. Its close proximity to well-known schools, academic institutions, and leading sports facilities further enhances its appeal to long-term tenants. With easy access to surrounding developments and key amenities, the location supports both stable rental returns and long-term capital growth. Key Highlights: 12 residential units Erf size: 1,834 sqm 24 under-roof parking bays Monthly rental income: R84,600 Prime location near hospital, schools, and institutions Strong tenant demand and growth potential A rare investment opportunity for buyers seeking reliable income, security, and future appreciation in a high-demand area. For more information or to arrange a private viewing, please contact us today.
Purchase Price R 6 600 000
Building Size1338.00 m2
Type of PropertyApartment
Monthly Rates10400.00
Land Size1834.00 m2
Last Updated14 Mar 2026
Bedrooms36.0
Bathrooms18.0
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