NEW
Web Ref CL34921
ON AUCTION - 19th FEBRUARY 2026 - Fully Let Residential Investment – Alberton North
ON AUCTION - 19TH FEBRUARY 2026
Well-located income-generating residential property at 50 6th Avenue, Alberton North comprising 8 fully let units in a double-volume development (4 ground floor, 4 first floor). The unit mix includes 4 x 3-bedroom units and 4 x 2-bedroom units.
Current rentals range between R6,000 – R6,500 per unit, producing a gross monthly income of R63,000 (R50,000 rentals plus R13,500 recoveries). Low monthly expenses of ±R15,000 result in a strong net income of R47,000 per month or R564,000 per annum.
Face brick, low-maintenance property featuring prepaid electricity, fibre to all units, carports for all units, and a fully paved yard. Strong tenant demand and conveniently located close to malls, schools, gyms, and hospitals.
An excellent low-management, high-demand investment offering secure and consistent returns.
Well-located income-generating residential property at 50 6th Avenue, Alberton North comprising 8 fully let units in a double-volume development (4 ground floor, 4 first floor). The unit mix includes 4 x 3-bedroom units and 4 x 2-bedroom units.
Current rentals range between R6,000 – R6,500 per unit, producing a gross monthly income of R63,000 (R50,000 rentals plus R13,500 recoveries). Low monthly expenses of ±R15,000 result in a strong net income of R47,000 per month or R564,000 per annum.
Face brick, low-maintenance property featuring prepaid electricity, fibre to all units, carports for all units, and a fully paved yard. Strong tenant demand and conveniently located close to malls, schools, gyms, and hospitals.
An excellent low-management, high-demand investment offering secure and consistent returns.
Features
Building Name
Villa Asante
Zoning
Commercial
Title
Freehold
Interior
Air Conditioning
Yes
Exterior
Security
Yes
Parking Bays
Open Parkings
8
Covered Parkings
8
Sizes
Floor Size
640m²
Land Size
991m²
Extras
Air Conditioner; Carport; ADSL
STREET MAP
STREET VIEW
