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Turnkey income property offering secure communal living and hassle-free management in Germiston's bustling East Rand — 30 furnished units, industrial kitchen, licensed 50-seat bar, and 20 on-site parking.
Prime Investment Opportunity: High-Yield Multi-Unit Residential Property in Germiston
This exceptional investment opportunity is located in the heart of Germiston, offering a well-established and fully operational multi-unit residential facility. Designed to generate consistent rental income and multiple revenue streams, this property is ideal for investors seeking a turnkey solution in a high-demand market.
The property comprises a total of 30 fully furnished units, including 4 one-bedroom flats, 13 double rooms, 9 single rooms, and 4 rondawels. Ablution facilities include 7 communal showers and 8 communal toilets, ensuring convenience for all residents.
Catering and dining amenities feature one large industrial kitchen, two smaller equipped kitchens, and a spacious dining room. For leisure and hospitality, there is a furnished communal lounge and a fully licensed bar with a capacity of 50 patrons.
Security is paramount, with secure parking for 20 vehicles inside the premises, fully fenced grounds, and remote-controlled gate access. This property presents an outstanding opportunity to capitalize on the growing demand for affordable, furnished accommodation in the East Rand.
Listed for sale at R6,000,000
Germiston South offers a convenient, centrally located residential environment with easy access to major industrial hubs and essential urban amenities, making it a practical choice for working professionals and families.
* Distances and amenities are approximate.
