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Reliable rental income in a vibrant, well-connected neighborhood near transport and retail, featuring a communal braai area and 37 fully tenanted units plus 17 covered parking.
Inviting serious buyers to view and negotiate an Investment Opportunity of 37-Unit Apartment/Flat with Comprehensive Amenities
This prime investment property consists of a well-maintained 37-unit apartment complex, fully tenanted and generating consistent rental income. The property offers a blend of desirable features and strategic amenities, providing long-term income potential and strong tenant retention.
Property Features:
flow from rental income.
appeal of the property.
ensuring safety and privacy for all residents.
enhancing the overall living experience. Additionally, the complex includes on-site laundry rooms, further increasing tenant
satisfaction and convenience.
services, the property attracts long-term, reliable tenants.
Rental Income of R80 700 monthly.
Fully tenanted units, secure and desirable amenities, and a prime location, this 37-unit apartment complex offers a solid opportunity for stable returns. The combination of rental income, high tenant demand, and low operational risk makes this an attractive option for both seasoned investors and those looking to enter the property market.
This investment opportunity offers not only immediate income but also the potential for long-term capital growth. The comprehensive security measures, ample parking, and resident-friendly amenities further add value to the property, ensuring it remains a competitive asset in the rental market.
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R6,000,000
Mamelodi East offers a vibrant community atmosphere with a mix of established residences and growing development, appealing to families and individuals seeking an accessible and culturally rich environment.
* Distances and amenities are approximate.
