R 9 999 000
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780 m² Commercial space in Hurlyvale

23 18 20 2 000 m² 780 m²

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

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