House for sale
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
Compared with 46 active listings in Boksburg.
Insight
Priced 742% above the local median — and above the typical range for Boksburg.
Buyers should compare condition, position, views, finishes and floor size before deciding. Benchmarked on town-level data where the suburb sample is limited. Premium pockets may trade above town averages — check with the agent for local guidance.
Similar properties pricing
Market depth
46 listings
Similar homes town-wide
120 days
Median time on market
Many similar homes
Active across Boksburg
Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
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