Web Ref RL709
R5,070,000
Monthly Bond Repayment R51,472.10
Calculated over 20 years at 10.75% with no deposit.
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Calculate Affordability | Calculate Bond & Transfer Costs
Monthly Rates
R622.02
R622.02
rime Investment Opportunity – 20 Apartments + 3 Retail Shops
Discover an exceptional commercial property in Lenasia South, offering unmatched investment potential with 20 modern apartments and three prime retail shops.
This property consists of two separate double-story buildings featuring:
+ 16 x Spacious 2-Bedroom Apartments
+ 4 x Large 3-Bedroom Apartments with 1.5 bathrooms
+ Open-plan living areas & modern kitchens
+ Secure parking for all tenants
+ Balconies and dual entrances for added convenience
+ Bore hole and water purification plant
+ The 3 flatlets are actually 3 shops
Key Features:
+ Strong Rental Demand: 13 units & 3 retail shops currently occupied, generating R60,270/month
+ High Growth Potential: Completion of 7 remaining units expected to push total income to R100,000+/month
+ ROI Above 10% – A rare find in the market!
+ Borehole Water System with filtration – reducing utility costs
+ Zoned for Commercial Use – Ideal for long-term passive income
Why This Property?
+ Strategic Location in a high-demand rental area
+ Massive Upside Potential – Fully let, the property could generate R120,000+ monthly income
+ Turnkey Investment Opportunity – Start earning immediately with existing tenants
Contact us today for more details or to arrange a viewing.
This property consists of two separate double-story buildings featuring:
+ 16 x Spacious 2-Bedroom Apartments
+ 4 x Large 3-Bedroom Apartments with 1.5 bathrooms
+ Open-plan living areas & modern kitchens
+ Secure parking for all tenants
+ Balconies and dual entrances for added convenience
+ Bore hole and water purification plant
+ The 3 flatlets are actually 3 shops
Key Features:
+ Strong Rental Demand: 13 units & 3 retail shops currently occupied, generating R60,270/month
+ High Growth Potential: Completion of 7 remaining units expected to push total income to R100,000+/month
+ ROI Above 10% – A rare find in the market!
+ Borehole Water System with filtration – reducing utility costs
+ Zoned for Commercial Use – Ideal for long-term passive income
Why This Property?
+ Strategic Location in a high-demand rental area
+ Massive Upside Potential – Fully let, the property could generate R120,000+ monthly income
+ Turnkey Investment Opportunity – Start earning immediately with existing tenants
Contact us today for more details or to arrange a viewing.
Features
Pets Allowed
No
Interior
Bedrooms
42
Bathrooms
6
Kitchen
20
Reception Rooms
20
Furnished
No
Exterior
Security
Yes
Parkings
30
Flatlet
3
Pool
No
Sizes
Land Size
446m²
