14 Bedroom House in Fourways

MULTI-UNIT INVESTMENT OPPORTUNITY IN CHARTWELL

Asking Price: R5 800 000

An exceptional income-generating property situated in the highly sought-after Chartwell area near Fourways, offering immediate rental returns together with future development potential.

Set on a massive 8 560m² stand, this property consists of 6 well-maintained simplex rental units currently generating a combined rental income of R50 900 per month. The property offers strong tenant appeal due to its spacious layouts, private gardens, and excellent location close to major amenities.

The stand uniquely straddles two roads, creating dual-access potential a significant advantage for investors or developers considering future expansion or additional units with reduced internal roadway requirements.

LOCATION HIGHLIGHTS:

- Minutes from Fourways Mall

- Close to Fourways Life Hospital

- Near Broadacres Super Spar

- Easy access to Lanseria International Airport

- Close to top government and private schools

- Positioned in a high-demand rental node

PROPERTY FEATURES:

- 6 Income-producing simplex units

- Pre-paid electricity installed in all units

- Tenant-paid water

- Low monthly operating costs

- Spacious private gardens for each unit

- Covered patios throughout

- Excellent long-term rental potential

UNIT BREAKDOWN:

Unit A 112m² | Rental: R9 500

- 3 Bedrooms

- 2 Bathrooms main en-suite

- Granite kitchen

- Large covered patio

- Approx. 350m² private garden

Unit B 72m² | Rental: R8 900

- 2 Bedrooms

- 1 Bathroom

- Large kitchen

- Covered patio

- Approx. 300m² private garden

Unit 1 80m² | Rental: R8 000

- 3 Bedrooms

- 1 Bathroom

- Covered patio

- Approx. 250m² private garden

Units 2 & 3 72m² each | Rental: R7 800 each

- 2 Bedrooms

- 1 Bathroom

- Covered patios

- Approx. 250m² private gardens

Unit 4 72m² | Rental: R8 900

- 2 Bedrooms

- 1 Bathroom

- Covered patio

- Approx. 250m² private garden

MONTHLY FIGURES:

- Gross Rental Income: R50 900 per month

- Rates & Taxes: R2 200 per month

- Armed Response: R610 per month

Ideal for:

- Buy-to-let investors

- Multi-family rental portfolios

- Developers seeking future expansion opportunities

- Investors looking for stable monthly cash flow with value-add potential

This is a rare opportunity to secure a large multi-unit residential investment in one of Johannesburg Norths most desirable growth areas.