Sole Mandate
Sold

16 Bedroom block of flats sold in Lenasia Ext 1, Johannesburg

R5,700,000
  1. 16
  2. 8
  3. 7
  4. Web Ref: 1254677
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Property Features

ERF Size 994 m²
Rates R3,943 per month

Interior Features

16 Bedrooms
7 TV Rooms
7 Lounges
8 Bathrooms
7 Dining Rooms

Exterior Features

7 Garages

Charming Home with Lucrative Investment Opportunity

Discover a unique blend of comfort and financial freedom with this exceptional property!

Main House: 4 bedrooms, 2 bathrooms, a cozy lounge, dining room, kitchen

Income-Generating Flats:
Six beautifully designed 2-bedroom units, each promising steady rental income.

Face brick exterior ensures low maintenance, while tiled roofs add a touch of elegance.

Fully paved grounds and prepaid water and electricity for hassle-free living.
7 single garages, providing secure parking for residents and guests.

Financial Highlights:
Monthly Passive Income: An impressive ± R27,000, providing a reliable and substantial return on investment.

Why This Property?
Earn Effortlessly: Benefit from a consistent passive income stream from the rental units, making it a smart and profitable investment.
The face brick construction and tiled roof ensure long-lasting durability with minimal upkeep.
Situated on a large plot, offering both privacy and proximity to essential amenities.

A Smart Investment for Your Future !!
This property is not just a home; it's a financial nest egg that grows while you enjoy a comfortable lifestyle. With prepaid utilities and a fully paved exterior, managing this property is a breeze.

Whether you're looking to secure your family's future or seeking a reliable income stream, this property offers the best of both worlds.

Don't miss out on this exceptional opportunity! Contact us today to schedule a viewing and make this dream investment yours.

Contact the agent

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

272 Rose Avenue, Lenasia

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