Very well positioned commercial property

Perfect for hands-off investors: low-maintenance face-brick property near local amenities, with four flatlets (two with balconies) and medical consulting rooms delivering R35,500/month.

Face brick on the exterior of the building with a tiled roof which means that you would have minimal maintenance. The building comprises of four flatlets and a house being used as medical offices with a total income of R35 500/month.

3 x Flatlet consisting of a lounge, kichen, 2 bedrooms and 1 bathroom. Additional features like a balcony on 2 units

1 x flatlet consisting of a lounge, kitchen, 1 bedroom and 1 bathroom.

The main house is being used as consulting rooms and is used by 3 doctors.

This property is a very fair value, and the ROI is in place.

Monthly Costs

Estimated Repayment

R 37,636

TotalR 37,636

* Monthly costs are estimates and should be confirmed with the agent.

Property history

Listed for sale at R4,260,000

06 Oct 2024

Area Overview

Lenasia Extension 1 is a well-established, community-focused residential suburb known for its rich cultural heritage, convenient access to local amenities, and a strong sense of neighborhood belonging.