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R 1,499,000
Est. R 13,244/mo* Get pre-qualified
House in Mandela Park
Chris Hani Circle
8 Beds  8 Baths
* Estimate only - based on a 20 year loan with a 10% deposit @ prime. Change using our Calculator.

Features

  • Erf: 180m2
  • 8 Beds
  • 8 Baths
  • 2 Parking Bays
  • 8 Living Rooms
  • Pet Friendly
  • Borehole

Security

Partial Burglar Bars, Safety Gate

Fully Tenanted Double Storey Flats - Excellent Investment Opportunity

Just Listed.

 

This freestanding double-storey block of flats presents a solid investment opportunity with consistent rental income and low-maintenance finishes throughout.

 

The building comprises 8 one-bedroom units. All flats are identical in layout, with minor differences in size. Each unit offers an open-plan kitchenette and lounge area, one bedroom, and an en-suite bathroom fitted with a shower, basin, and toilet. Every unit also includes its own private box/storage space.

 

The flats feature aluminium windows and tiled flooring throughout, ensuring durability and easy upkeep.

 

The property is fully tenanted and currently generates R26 000 in monthly rental income, offering immediate returns for investors.

 

Additional features include a borehole water supply to the complex, helping to reduce water costs. Parking is limited to two vehicles on the property.

 

A great opportunity to secure an income-generating property with stable occupancy and long-term potential.

 

Contact Phumla to arrange a viewing.

Condition Report

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Contact Agent

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Chris Hani Circle, Mandela Park

Phumla Mngeni
068 488 4017

Sarah Walton
064 973 1636

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Open Viewings

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