R7,350,000

20 bedroom apartment for sale in Randburg Central

69 Johannes, 56
20 Beds
20 Baths
Pool
Apartment For Sale In Randburg Central

INVESTMENT PORTFOLIO FOR SALE ALBERTVILLE, RANDBURG

Price: Accepting Reasonable Offers

Gross Annual Rental Income: R870,000.00

Units: 20 Total (18 Bachelor Units + 2 One-Bedroom Units)

Ownership Structure: All units are held in a Pty Ltd (company sale option available)

EXCELLENT INVESTMENT OPPORTUNITY – ENTIRE PORTFOLIO OF INCOME-GENERATING UNITS

Presenting a rare opportunity to acquire a well-performing residential portfolio consisting of 20 units, all situated in Albertville, Randburg – a high-demand rental area offering strong tenant demand and access to major transport routes, retail, and educational facilities.

18 Bachelor Units

2 x One-Bedroom Units

Current Gross Rental Income: R870,000.00 per annum

11 Units Financed | 9 Units Fully Paid Off

Sold as a Portfolio – Option to Purchase the Company (Pty Ltd) as a Going Concern

MARKET RESEARCH & VALUATION

A comprehensive market analysis has been conducted to assess each unit type, accounting for:

Comparable sales in the area

Current and projected rental yields

Demand trends and growth prospects

The financed units may carry marginally different values due to existing finance terms, but this has been considered in the overall pricing strategy.

Why This Portfolio?

Immediate income stream with reliable tenants in place

Well-managed with rental history and documentation available

Structured for investor acquisition – purchase the Pty Ltd directly to streamline the transaction

Potential to increase yields through minor refurbishments or strategic rent adjustments

Call Neetha for a private viewing.

This is a limited opportunity for savvy investors seeking value, scale, and immediate returns.

Property Type
Apartment
Bedrooms
20
Bathrooms
20
Covered Parking
20
Open Parking
20
Pool
Yes
Ground Floor
Yes
Reference
ENT0301776
Address
69 Johannes
Property history
Listed for sale at R7,500,000
07 Jul 2025
Price reduced by 2% to R7,350,000
16 Sep 2025
Get to know Randburg
Residential property for sale in the Randburg area can be classified into houses, townhouses, clusters, flats, apartments, small holdings and vacant land. The large variety of property available in the area means that Randburg and its suburbs have seen a steady growth in property sales.
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