Commercial space in Blairgowrie

Commercial Investment Listing Johannesburg Northern Suburbs

Asset Type: Residential Investment Block 15 Units

This wellmaintained residential investment block in the Johannesburg Northern Suburbs offers a stable, fullytenanted income stream supported by disciplined management and strong security measures. With 15 onebedroom units, consistent occupancy, and clear potential for rental uplift, the property presents an attractive opportunity for investors seeking reliable returns and longterm value growth.

Configuration & Building Profile

15 1bedroom units

Each unit includes a bedroom, bathroom, kitchen and living area.

All units currently tenanted

Single title, single owner, streamlined management

Building age: Constructed in 1970, maintained to a high standard

Condition: Units inspected show excellent upkeep and strict tenant compliance

Parking & Security

1 covered parking bay per unit

Additional guest parking available across the road

247 roaming security presence in front of the building

CCTV cameras installed

Controlled access: Manual gate with escorted guest entry and exit no automated gate

Tenanting & Lease Structure

Tenant selection: Owner-approved, relationshipbased vetting

Lease terms: 1year agreements

Utilities

Electricity: Individually metered per unit post-paid usage

Water: Shared monthly cost

Key Investment Insight:

The property delivers strong baseline yield with significant uplift potential through rental optimisation and strategic negotiation on purchase price.