14 Bedroom House in Lombardy East

Presenting an exceptional and rare investment opportunity in the Lombardy East Area. This property contains 16 cottages offering an immediate and stable income.

11 of the 14 units are occupied with 12-month lease agreements already in place each paying R6500, ensuring instant cash flow and occupancy security from day one. The property is directly located to Greenstone Mall and within walking distance of top schools and education centres such as Rembrandt park primary school, Funky Days Holiday Programme and Graduate Employability Bootcamp Services. Shopping centres include Rembrandt Plaza, Lyndhurst Discount Centre and Lyndhurst Square. Health facilities are in close proximity such as Edenvale Hospital and Sizwe Tropical Diseases Hospital.

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These amenities guarantee high tenant demand and low vacancy rates.

Significant operating costs are mitigated through a borehole for water independence and solar powered geysers, reducing municipal electricity and water expenses.

The property features a sparkling communal swimming pool and abundant on-site parking key features that command premium rentals and ensure tenant satisfaction.

Each cottage comprise of a bedroom, bathroom, and kitchenette. Ideal for students, young professionals, and couples seeking affordable and quality living.

The combination of secure, long-term leases, reduced operational costs, and irreplaceable proximity to Malls, Education centres and health facilities creates a compelling investment case with guaranteed Return on Investment.

Contact us today for a detailed financial breakdown and private viewing.