780 m² Commercial space in Hurlyvale
An outstanding investment opportunity awaits within a fully-tenanted residential block offering consistent rental income and hassle-free management.
Property Details:
andnbsp Number of Units: 12 For Sale, 24 In Scheme
andnbsp Monthly Income: R90,000 R1 080,000 annually
andnbsp Occupancy: Fully tenanted with long-term, reliable tenants
andnbsp Property Type: Sectional title residential block
Investment Features:
andnbsp Turnkey Income: Generate immediate returns with no downtimeThe units are already a proven income-generating asset.
andnbsp Prime Location: Ideally situated in a thriving neighbourhood with high tenant demand and excellent access to schools, shops, OR Tambo and public transport.
andnbsp Future Growth Potential: Benefit from stable rental income while exploring opportunities to enhance revenue or value-add upgrades.
andnbsp Low Maintenance: Well-maintained units requiring minimal ongoing upkeep.
Additional Amenities:
andnbsp Secure tenant parking.
andnbsp Modern finishes across all units.
andnbsp Strong rental history and low tenant turnover.
This opportunity offers a solid foundation for immediate and sustained investment success. With a current monthly income of R90,000 and a strong location advantage, this property is a must-see for serious investors looking to grow their portfolio.
Contact us today for more information or to arrange a private viewing.
Terms and Conditions Apply.
MAXONE HOLDINGS PTY LTD trading as REMAX One Bedfordview operates in terms of a franchise agreement with REMAX of Southern Africa.
Property details
- Listing number T4912774
- Property type Commercial
- Listing date 9 Jan 2025
- Land size 2 000 m²
- Floor size 780 m²
- Rates and taxes R 5 958
- Levies R 14 921
Property features
- Bedrooms 23
- Bathrooms 18
- Open parking 20