Property description

Prime Investment Alert – Perfect Opportunity for the Savvy Investor!

Why to buy?

- Four well acquainted units.

- Four garages.

- Prepaid water and electricity.

Introducing a fantastic investment opportunity in the heart of Turffontein – a well-maintained block of four spacious flats, perfectly positioned for both convenience and rental income. Zoned Residential 4, this property offers even greater development potential, allowing for further expansion or conversion to increase income streams.

This solidly built property features four generous units, each measuring approximately 105 square meters. Every unit offers a spacious lounge, dining area, well-appointed kitchen, a full bathroom complete with bathtub, toilet, and basin, and a large bedroom fitted with built-in cupboards.

Each unit enjoys its own private courtyard, ideal for laundry and outdoor use, along with an individual garage for secure parking. The building’s smart layout consists of two ground-floor and two top-floor units, promoting privacy and space. Additional features include prepaid electricity and water meters for each unit, providing ease of management and utility control.

Currently generating R18,000 in monthly rental income, there is significant potential to increase this return by converting the garages into additional rooms or units. Centrally located, this property is close to major freeways, schools, and shopping centres, making it an attractive choice for tenants.

Whether you’re an experienced investor or just stepping into the property market, this Residential 4 zoned block of flats offers excellent value, steady returns, and impressive future development potential.