375 000 m² Commercial space in Cloverdene

Investors Dream | Developers Goldmine

Unlock the potential of this fully tenanted, income-generating residential estate in the sought-after suburb of Cloverdene registered as Van Ryn SH, Benoni. This rare and lucrative opportunity combines two adjacent properties, offering a total of 36 completed units, 20 approved development stands, and solid, scalable rental income.

Beautifully landscaped gardens complement the driveways and communal spaces, with two entrances a main access gate with guardhouse and access control, and a secondary service entrance for convenience.

Property 1: Fully Tenanted Residential Complex | 25 Units

Unit Breakdown:

13 3-Bedroom Units

7 2-Bedroom Units

5 1-Bedroom Units

Features & Amenities:

Communal swimming pool

Secure premises with ample parking

All units fitted with prepaid electricity meters

Financials:

Current Monthly Rental Income: R172,750

Scheduled Rental Increase: 5 effective November 2025

Projected Monthly Income: R181,387.50

Projected Annual Income: R2,176,650

Property 2: Partially Developed Estate with Approved Expansion Plans

Current Development:

11 Completed Units:

4 3-Bedroom Units

7 2-Bedroom Units

Bonus: Block of 5 Flats Bachelor, 1-Bedroom & 2-Bedroom for rental diversity

20 Approved Residential Stands Zoned and ready to expand the total unit count from 36 to 56

Approved recreational park area to enhance lifestyle and community appeal

Infrastructure & Features:

Prepaid electricity in all units

Borehole water supply

6 10,000L backup water tanks

Pet-friendly private gardens

Covered patios with built-in braais

Double carports per unit

Gas stoves for energy efficiency

Communal lapa, braai area & childrens playground

5 rentable storage garages

Financials:

Current Monthly Rental Income: R70,450

Projected Monthly Income Nov 2025: R73,972.50

Projected Annual Income: R887,670

Combined Investment Summary

Total Completed Units: 36

Total Approved Development Stands: 20

Combined Current Rental Income: R243,200 month

Projected Monthly Income Nov 2025: R255,360

Projected Annual Income Post-Increase: R3,064,320

All Units Fitted with Prepaid Electricity

High Occupancy Rates and Strong Tenant Retention

Security Features

Fully walled perimeter with electric fencing

Night-time security guard on-site

Remote-controlled gate access for residents

Burglar bars and security gates on all units

Location Highlights

Fast-growing suburb of Benoni

Close to major transport routes including N12, schools, shops & essential amenities

Family-oriented community with lifestyle appeal

Currently zoned Agricultural rezoning to Residential expected within 23 months

Dont Miss This Opportunity

A turnkey investment offering immediate rental returns with the added advantage of approved expansion potential. Whether youre looking to scale your property portfolio or develop further for long-term capital growth, this property is a standout opportunity.

Contact me today to arrange a private viewing.

Opportunities like this are rare act now!