19 Bedroom House in Lombardy East

Exceptional income-generating investment property situated on a large 1,500m² stand in the heart of Lombardy East. This fully tenanted multi-unit property has been converted into 19 rental units, offering immediate cash flow and strong monthly returns for investors.

The property currently generates approximately R60,000 rental income per month with operating expenses of around R10,000 per month, making it an attractive addition to any property portfolio.

Property Features:

19 fully occupied rental units

Variety of unit types catering to different tenant needs

Strong rental demand area

Immediate return on investment

Large stand with multiple income streams

Unit Breakdown:

1 x Open-plan bedroomlounge with separate bathroom and kitchen R4,700

1 x Open-plan loungebedroom with separate kitchen, shower & toilet R4,500

1 x Bachelor unit R3,500

Main house unit R3,800

1 x One-bedroom unit with separate kitchen, lounge, toilet & shower R5,100

1 x Round room R2,600

Building 2:

3 x Rooms sharing shower & toilet R3,600 each

1 x Bachelor unit R3,600

4 x One-bedroom units R2,600 each

1 x One-bedroom unit R3,600

1 x Cottage with 1 bedroom, open-plan lounge, bath & toilet R4,900

This property is ideal for seasoned investors looking for a well-established rental business with stable tenants and consistent monthly income.

Conveniently located close to major routes, shopping centers, schools, and public transport.

Serious investors only. Excellent opportunity to expand your rental portfolio with a high-yield residential investment property.

PRIME LOCATION

ideally positioned close to major amenities, making it highly attractive to tenants

Minutes from Greenstone Shopping Centre

Near Edenvale Hospital

Close to schools and educational facilities

Easy access to the N1 Freeway and major transport routes

Convenient access to shopping, healthcare and public transport

This is a rare opportunity to acquire a high yield residential investment property in a well-connected and high-demand rental area. Ideal for investors looking to grow their property portfolio with a stable, income- producing asset.