10 Bedroom apartment sold in Northcliff, Randburg
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10
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8
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Web Ref: 1286326
Property Features
Interior Features
Exterior Features
High-yield investment: 8 tenanted apartments, 10.5% net ROI
Discover an exceptional investment opportunity in the sought-after suburb of Northcliff, Johannesburg. This fully tenanted investment property features eight single-story residential units of varying sizes, all designed for modern, comfortable living.
With a strong net return on investment of 10.5% net, this property is a lucrative addition to any portfolio. Expansion potential with zoning for 10 units and an additional caretaker unit on-site. Ideal for investors seeking immediate returns and future growth. Currently monthly rental at R58 700 - 00.
Each unit boasts contemporary finishes, ensuring a high standard of living for long-term tenants and consistent rental demand.
Residents enjoy convenient communal amenities, including a sparkling swimming pool and a dedicated braai area —perfect for relaxation and social gatherings.
Whether you're a seasoned investor or exploring new opportunities, this property presents a prime chance to generate stable rental income in a high-demand neighborhood.
Northcliff is renowned for its vibrant lifestyle appeal, ideally located, expanding businesses and exceptionally strong rental market, making this one of the smartest and easiest investments you’ll ever make.
Financials available on request.
Location
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Registered with the PPRA
Registered with the PPRA
Franchisee of Rawson Residential Franchises (Pty) Ltd | Registered with the PPRA
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*based on purchase price at Prime over 20 years
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