RESIDENTIAL APARTMENT BLOCK - Johannesburg Northern Suburbs Asset Type

Commercial Investment Listing – Johannesburg Northern Suburbs

Asset Type: Residential Investment Block (15 Units)

This well‐maintained residential investment block in the Johannesburg Northern Suburbs offers a stable, fully‐tenanted income stream supported by disciplined management and strong security measures. With 15 one‐bedroom units, consistent occupancy, and clear potential for rental uplift, the property presents an attractive opportunity for investors seeking reliable returns and long‐term value growth.

Configuration & Building Profile

·15 × 1‐bedroom units

·Each unit includes a bedroom, bathroom, kitchen and living area.

All units currently tenanted

Single title, single owner, streamlined management

Building age: Constructed in 1970, maintained to a high standard

Condition: Units inspected show excellent upkeep and strict tenant compliance

·Parking & Security

·1 covered parking bay per unit

Additional guest parking available across the road

24/7 roaming security presence in front of the building

CCTV cameras installed

Controlled access: Manual gate with escorted guest entry and exit (no automated gate)

Tenanting & Lease Structure

·Tenant selection: Owner-approved, relationship‐based vetting

·Lease terms: 1‐year agreements

Utilities

·Electricity: Individually metered per unit (post-paid usage)

·Water: Shared monthly cost

Key Investment Insight:

·The property delivers strong baseline yield with significant uplift potential through rental optimisation and strategic negotiation on purchase price.