4 Bedroom House in Lakefield

Imagine owning an asset that pays you from day one. Behind high perimeter walls in one of Lakefield''s sought-after boomed-off, access-controlled pockets stand two established apartments on 1,000 m² each tenanted, each producing R20,000 per month, for a combined R40,000 monthly income already in place. At the asking price, that''s a gross yield of 13.3 numbers that speak for themselves in any portfolio.

66A Ground Floor: 3 bedrooms, 2 bathrooms 1 en-suite, open-plan kitchen, dining and TV room, large private lounge, storeroom, private yard and secure parking.

66B First Floor: 4 bedrooms, 3 bathrooms 2 en-suite, open-plan kitchen and dining, TV room, large private lounge, large backyard with staff accommodation and storeroom, and secure gated parking.

Each apartment has its own private entrance gate, its own prepaid electricity meter and a separate water meter clean, independent tenancies with no utility disputes. Water security is built in: borehole-fed supply, filtered to the houses, backed by a 10,000-litre storage system. Fibre connectivity throughout, and both units are pet friendly a genuine advantage in the rental market that keeps good tenants longer.

The location does the letting for you: boomed streets patrolled and guarded, minutes from Benoni''s lakes, the Benoni Country Club golf course, Korsman Bird Sanctuary, Lakeside Mall and quick N12R21 access to Johannesburg and OR Tambo. Tenants stay in Lakefield because life here is easy and landlords benefit.

Sold together as one full-title portion, subject to registration of the approved subdivision in process. Approved plans, square meterage, leases and a full income schedule available to qualified buyers on request.

Features:

Combined rental income: R40,000 pm R20,000 per unit

1,000 m² land size

Secure, guarded, boomed-off area of Lakefield

High perimeter walls with private gated access per unit

Prepaid electricity per unit separate water meter

Borehole water, filtered, with 10,000 backup system

Fibre connectivity

Pet friendly

Plans and m² information available on request