Enjoy effortless, income-generating ownership in a vibrant commercial-residential pocket, with private balconies and an established hardware business included — ten fully tenanted units (15 beds, 10 baths).
A rare opportunity to acquire a fully tenanted, income-producing property with an established hardware business included lock, stock and barrel.
This well-planned investment property consists of 10 residential rental units, offering immediate rental income from day one. In addition to the residential rental component, the sale includes the existing hardware business, together with its stock, fittings, fixtures and business features, making this a truly ready-to-go income-generating opportunity.
The property has been thoughtfully structured to provide a practical mix of unit sizes, catering to different tenant needs and strengthening its rental appeal. With all units currently occupied, investors benefit from an existing tenant base and a proven rental setup.
The accommodation comprises 5 spacious two-bedroom units, each offering 2 bedrooms, 1 bathroom, a kitchen, a comfortable living area and a private balcony. These units are well suited to small families, couples or tenants requiring additional space.
In addition, the property includes 5 one-bedroom units, each featuring 1 bedroom, 1 bathroom, a kitchen, a living area and a private balcony. These units are ideal for singles, young professionals or couples seeking convenient and manageable living space.
The private balconies add further value to each unit, giving tenants their own outdoor area and enhancing the overall lifestyle appeal of the property.
With 10 fully tenanted rental units, plus an established hardware business included with stock, fittings and fixtures, this property presents a compelling opportunity for investors seeking a stable, income-producing asset with multiple income streams and long-term potential.
Newclare is a well-established, historic residential suburb in Johannesburg that offers a close-knit community atmosphere with convenient access to major transport routes and essential urban amenities.
* Distances and amenities are approximate.