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12 Bedroom block of flats for sale in Lenasia Ext 13, Johannesburg

R3,100,000
  1. 12
  2. 6
  3. Web Ref: 1229434
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Property Features

ERF Size 587 m²
Rates R838 per month

Interior Features

12 Bedrooms
6 Lounges
Security
House Levels
6 Bathrooms
6 Flatlets
Kitchen
Laundry Room

Exterior Features

8 Parking Spaces
Balcony
Patio

Perfect Investment

This property is a great investment opportunity!

With six 2-bedroom units, fully equipped kitchens, spacious living areas, and individual amenities like washing lines and refuse bins, it offers convenience and comfort to tenants. The inclusion of prepaid water and electricity meters is a smart feature for managing utilities.

Furthermore, covered parking, and the security features such as palisade fencing and automated entrance enhance safety for both tenants and the property itself. The proximity to essential amenities like Trade Route Mall, schools, and religious centers adds to its appeal, making it convenient for tenants.

The potential annual income of R420,000 indicates a promising return on investment, making this property an attractive option for investors looking for steady rental income. Additionally, the low-maintenance face brick structure adds to its appeal, reducing long-term upkeep costs.

Overall, this property seems like a well-maintained and lucrative investment opportunity in a convenient location.

Location

Contact the agent

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Candidate Property Practitioner
Registered with the PPRA

Franchisee of Rawson Residential Franchises (Pty) Ltd | Registered with the PPRA

7 SMEW AVENUE, Lenasia

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