Apartment for sale
Prime CBD Income Generator | 18-Unit Flat Complex with R1.44M p.a. Turn-Key Rental
Reliable cash-flow in Rustenburg Central CBD, steps from amenities; 18-unit, gated complex with tenant parking, JoJo tank and 2,168m² full-title land — R1.44M p.a.
Presenting a rare and exceptional commercial investment: a fully operational, high-yield 18-unit flat complex in the heart of Rustenburg CBD. This triple-block property is a proven income generator, boasting consistent 98% occupancy and delivering an impressive ~R1.44 million in annual gross rental income.
Strategically located in Rustenburg Central, it caters to the constant high demand for quality, convenient accommodation. The complex is secure and gated, with dedicated tenant parking and a large JoJo tank for water security.
This is a dual-purpose asset offering unmatched value:
1.Immediate, Substantial Cash Flow: A turn-key investment with a reliable, premium income stream from day one.
2.Significant Development Potential: Situated on a massive 2,168m2 full-title stand, it represents a prime land bank
with vast future redevelopment or expansion potential in the CBD.
Investment Highlights:
- 18 Rental Units across 3 secure blocks.
- ~R 120,000 p.m. / R 1.44 Million p.a. Gross Rental Income.
- Prime Rustenburg Central CBD location.
- 2,168m2 Full-Title Land with future potential.
- Secure, Gated Complex with tenant parking & JoJo tank.
- Ideal for: Institutional Investors, Large Portfolio Landlords, Property Developers, and High-Net-Worth Individuals.
This is more than a property; it's a established business with scale and strategic upside. Offering both immediate
economies of scale and long-term capital growth potential, this is a standout opportunity for the serious investor.
Confidential viewings and a comprehensive Information Memorandum are available to qualified purchasers. Contact us today.
Ownership costs
Property history
Listed for sale at R7,999,999
Price reduced by 8.7% to R7,300,000
