Reliable cash-flow opportunity in rapidly growing Ekurhuleni, close to the planned Boksburg university; established complex of 62 income-producing units with private gardens and prepaid meters.
Opportunities like this don’t appear often. Set on an impressive 30,000 m2 double stand in the rapidly developing metro of Ekurhuleni, Cambridge Mews presents an established residential complex with 62 income-producing units already in operation and generating strong monthly returns.
The development consists of a mix of unit types that cater to the strong working-class rental demand in the area. There are 13 one-bedroom bungalow units, 8 two-bedroom units with a bathroom, lounge, dining space, front porch, and private garden, and 48 three-bedroom homes offering comfortable family living with lounge, dining areas, front porches, and gardens. Each unit is equipped with prepaid electricity and water meters, providing convenient management and cost control for tenants.
The complex currently generates a stable monthly income of approximately R288,919, with the potential to reach R377,671 per month when fully optimized. While certain areas of the property would benefit from modernisation and light refurbishment, this presents an excellent opportunity for an investor to increase value and rental yields.
An additional long-term growth factor is the planned University of Science and Innovation expected to be developed in nearby Boksburg, which is projected to attract students, staff, and supporting infrastructure to the area over the coming decade.
For investors looking for immediate cash flow with future growth potential, this large-scale residential complex offers both.
📞 Contact us today to arrange a private viewing of this rare multi-unit investment opportunity.
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Listed for sale at R20,000,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 48 listings in Boksburg (town)
Insight
Priced above the median for similar properties in the area.
Benchmark uses town-level data where suburb sample size is limited. Premium areas may trade above town averages - check with the agent for local guidance.
Similar properties pricing
Affordability
R 196,329 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
48 similar listings
High similar-home inventory town-wide (Boksburg)
Median time on market: 104 days
* Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal. Smart Property Insights Model v1.0
Cason is a primarily residential suburb in Boksburg offering a mix of established homes and convenient access to local amenities, making it suitable for families and individuals seeking a quieter lifestyle within reach of urban conveniences.
* Distances and amenities are approximate.