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Secure investment in vibrant Tembisa with consistent R28,000 monthly income; fully tenanted apartment block on freehold land, featuring burglar bars and ten bedrooms, eleven bathrooms.
This spacious apartment block in Tembisa, Gauteng, offers an impressive layout with a total of 10 bedrooms and 11 bathrooms, making it ideal for investment opportunities or accommodating larger families. The floor size of 150m2 ensures ample living space, while the land size of 250m2 provides additional outdoor potential.
Safety and security are prioritized, as the property features burglar bars and a secure perimeter wall. The freehold ownership adds an extra layer of appeal, allowing for greater control over the property.
Please note that pets are not allowed within the premises, making it a suitable choice for those who prefer a pet-free environment. This apartment block presents a unique opportunity to invest in a well-equipped and secure living space in a bustling community.
N.B!!
Monthly rental Income:R28 000.00
Occupancy :Fully tenanted =100%
Priority :Cash Offers.
No transfer Costs
Listed for sale at R2,950,000
Price reduced by 8.5% to R2,700,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 33 listings in Tembisa (town)
Insight
Priced above the median for similar properties in the area. On a price-per-m² basis, it is 140% above the median.
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 26,504 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
33 similar listings
Medium similar-home inventory town-wide (Tembisa)
Median time on market: 55 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
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Tembisa Central offers a vibrant community atmosphere with convenient access to essential amenities and developing infrastructure, making it an appealing location for families and individuals seeking an affordable and connected lifestyle.
* Distances and amenities are approximate.
