Commercial space in Benoni CBD

This strategically located property in the heart of Benoni Central, within walking distance of Glynwood Hospital, offers an exceptional high-yield investment with strong and consistent rental demand.

Formerly configured as 10 large three-bedroom, two-bathroom flats, the property is being converted into modern single-room accommodation with quality finishes and well-planned communal facilities. This redevelopment significantly increases rental density and income potential.

Upon completion, the property will comprise approximately:

4050 income-generating rooms

1012 communal kitchens

1012 showersbathrooms

20 toilets

Rental rates start from R2,800 per room per month, providing attractive gross yields and scalable income growth. The property offers ample on-site parking and includes a large, secure, enclosed garden, enhancing tenant appeal and long-term occupancy.

Demand is driven by the immediate proximity to Glynwood Hospital, with strong uptake from nurses, hospital staff, and nearby employees seeking affordable accommodation within walking distanceminimizing vacancy risk and tenant turnover.

This is a rare opportunity to acquire a well-located, income-focused property with reliable cash flow and excellent long-term returns.