Commercial for sale
Hands-off income in sought-after Ekurhuleni location: fully tenanted 27-unit complex with immediate cashflow and covered carports, including 9 two-bedroom and 18 one-bedroom units.
An exceptional opportunity to acquire a fully tenanted residential complex in a sought-after area, offering excellent rental returns and long-term growth potential.
The property comprises 27 well-maintained units in total, featuring:
Each unit offers comfortable living spaces, covered parking (carports), and reliable municipal services. Electricity is prepaid through Ekurhuleni, providing ease of management and transparency for both owner and tenants.
Currently, there are no individual water meters installed, and the total monthly rates and taxes amount to R10,301.95. All units are leased with active rental agreements, ensuring a consistent and stable income stream. (Please note that lease copies cannot be shared at this stage.)
This property presents a solid investment with full occupancy, making it a perfect addition to any portfolio.
Contact us today for more details or to arrange a private discussion regarding this rare investment opportunity.
Listed for sale at R11,700,000
Randhart is a well-established, family-oriented residential suburb in Alberton known for its quiet streets, spacious properties, and convenient proximity to major business hubs and essential amenities.
