288 m² Commercial space in La Rochelle

An excellent opportunity to acquire a well-located, easy-to-manage block of flats in the heart of La Rochelle - ideal for investors seeking steady income today with clear growth potential tomorrow.

Set on a 495sqm stand in a wide one-way street, this low-maintenance face-brick property offers strong fundamentals, consistent tenant demand, and room to expand.

KEY INVESTMENT SNAPSHOT

Price: R1 500 000

- Stand Size: 495sqm

- Units: 4

- Total Bedrooms: 6

- Total Bathrooms: 4

- Combined Under-Roof: 288sqm

- Current Gross Rental: R15 000 pm

- Potential Gross Rental: R18 000 pm

- Monthly Expenses: R5 625

- Zoning: Residential

- Parking: Open parking for 6 cars

UNIT CONFIGURATION EACH UNIT OFFERS:

One-and-a-half bedrooms

- Lounge

- Fitted kitchen

- Separate toilet

- Separate bathroom

- Open parking

Tenant-paid utilities:

Refuse, water and electricity billed as per usage - reducing landlord exposure.

PROPERTY FEATURES

Face-brick construction - low maintenance

Outside toilet

Wide, quiet one-way street

Half of the stand vacant at the back - ideal for future development or additional units subject to approvals

Easy-to-manage scale - perfect for first-time block investors or portfolio expansion

LOCATION ADVANTAGE

Strategically positioned close to:

Public transport routes

- Rosettenville Junction Mall

- Schools &amp worship facilities

- Takeaway restaurants &amp convenience shops

- Wemmer Dam &amp Park recreational facility

- Approximately 5 minutes'' drive to Johannesburg CBD

Strong rental demand driven by accessibility and central location.

WHY THIS INVESTMENT MAKES SENSE

Affordable entry into block-of-flats ownership

- Immediate rental income with upside to increase

- Development potential on unused land

- Low operating costs

- Consistent tenant demand area

- Solid long-term hold in a central suburb

A smart, scalable investment in a proven rental node.

Serious investors are encouraged to enquire early.

DORICEL PTY LTD trading as REMAX Superior Mulbarton operates in terms of a franchise agreement with REMAX of Southern Africa.