High-Yield investment Property with Immediate Rental Income -14 income- Generating Cottages in Lombardy East

An exceptional income-generating investment property is now available in the sought-after suburb of Lombardy East. Situated on a spacious 2,042m2 stand this well-positioned multi-unit development offers investors immediate cash flow, strong tenant demand, and reduced operating costs.

The property consists of 14 self-contained cottages, with 11 of the 14 units already occupied under secure 12-month lease agreements, each generating R6,500 per month. This provides immediate and stable rental income from day one, making it an ideal turnkey investment for both seasoned and first-time property investors.

Each cottage comprises:

1 Bedroom

1 Bathroom

Kitchenette

These modern and affordable units are ideally suited to students, young professionals, and couples seeking quality accommodation in a convenient and secure location.

Perfectly positioned near key amenities, the property enjoys high tenant demand due to its proximity to:

Greenstone Shopping Centre

Rembrandt Plaza

Lyndhurst Discount Centre

Edenvale Hospital

Sizwe Tropical Diseases Hospital

Additional features designed to maximize tenant comfort and investor returns include:

Borehole water system for reduced municipal water costs

Solar-powered geysers for energy efficiency

Sparkling communal swimming pool

Covered carport parking for all tenants

Secure remote-controlled access gate

Ample on-site parking

Low-maintenance investment setup

The combination of secure long-term leases reduced operating expenses, excellent security, and proximity to shopping centers, schools, healthcare facilities, and transport routes create a strong investment opportunity with reliable cash flow and long-term capital growth potential.