Apartment for sale
Hands-off income in Katlehong’s busy neighbourhood: seven rental units plus a commercial garage, each with prepaid meters for tenant-managed utilities and instant cashflow.
exclusive -sole mandate
Stand size 253m2 / 7 income generating units .
Looking for an investment property that offers multiple rental income streams from one stand? This property in Katlehong presents an excellent opportunity for investors seeking immediate rental income and long-term income growth potential.
The property consists of 6 individual outside rental rooms, each currently generating R700 per month, providing a combined rental income of R4,200 per month.
Each room has its own prepaid electricity meter, allowing tenants to purchase their own electricity and helping the owner minimise exposure to electricity costs while simplifying utility management.
Adding further value, the property includes a garage currently operating as a hardware store, generating an additional R1,800 per month in rental income.
Current Rental Income
6 rental rooms: R4,200/month
Hardware store: R1,800/month
Total rental income: R6,000/month
Annual rental income: R72,000/year
Why This Property Makes Sense for Investors
✔ Multiple income streams – Income is generated from 7 separate rental spaces, reducing reliance on a single tenant.
✔ Immediate rental income – The property already has established rental arrangements, offering an investor an income-generating asset from day one, subject to verification of existing tenancies.
✔ Prepaid electricity meters – Each room has its own prepaid meter, helping keep electricity consumption tenant-managed and making utility administration easier.
✔ Residential + commercial income – The combination of residential rooms and a hardware-store rental creates a diversified income profile.
✔ Potential to increase returns – An investor may have an opportunity to improve rental income over time through rental reviews, improved management, or further property optimisation, subject to local regulations and approvals.
✔ Affordable entry into property investment – A multi-income property on a 253 m2 stand provides an opportunity to build a rental portfolio without relying on one conventional residential tenant.
This is more than just a property purchase — it is an opportunity to acquire an income-generating asset with multiple tenants, diversified rental income and potential for future growth.
Ideal for investors looking to expand their rental portfolio or buyers seeking a property that can contribute towards its own holding costs through rental income.
Contact us today to arrange a viewing and explore the investment potential of this Katlehong property.
Listed for sale at R450,000
Zama Zama in Katlehong offers a vibrant, community-oriented residential environment with convenient access to local township amenities and growing transport connections in the East Rand.
