NEW
Web Ref CL35063
ON AUCTION 20 AUGUST 2026 - High-Yield Residential Investment with Proven Rental Income
Residential Investment Opportunity | 8 Flats & 4 Rooftop Rooms Going on Auction – 20 August
Income-Producing Residential Investment with Excellent Rental Returns
This well-maintained residential investment offers an outstanding opportunity to acquire a high-yield, income-generating property. The development comprises 8 residential flats together with 4 rooftop rooms, providing a diversified rental mix and strong income-producing potential.
The property currently generates a gross annual rental income of R706,452, making it an attractive addition to any investment portfolio. All units are fitted with prepaid electricity, while water consumption is individually metered, ensuring efficient utility management and minimising landlord operating costs.
Residents benefit from ample secure on-site parking, adding to the property's appeal and supporting strong tenant demand.
Property Highlights:
- Going on Auction: 20 August 2026
- 8 residential flats
- 4 rooftop rooms
- Gross Annual Income: R706,452
- Prepaid electricity to all units
- Individually metered water
- Ample secure on-site parking
- Well-maintained, income-generating residential investment
- Excellent opportunity for investors seeking immediate rental returns
This property presents an excellent opportunity to acquire a well-performing residential asset with an established income stream and strong long-term investment potential.
Don't miss the opportunity to secure this quality residential investment at auction on 20 August 2026.
Income-Producing Residential Investment with Excellent Rental Returns
This well-maintained residential investment offers an outstanding opportunity to acquire a high-yield, income-generating property. The development comprises 8 residential flats together with 4 rooftop rooms, providing a diversified rental mix and strong income-producing potential.
The property currently generates a gross annual rental income of R706,452, making it an attractive addition to any investment portfolio. All units are fitted with prepaid electricity, while water consumption is individually metered, ensuring efficient utility management and minimising landlord operating costs.
Residents benefit from ample secure on-site parking, adding to the property's appeal and supporting strong tenant demand.
Property Highlights:
- Going on Auction: 20 August 2026
- 8 residential flats
- 4 rooftop rooms
- Gross Annual Income: R706,452
- Prepaid electricity to all units
- Individually metered water
- Ample secure on-site parking
- Well-maintained, income-generating residential investment
- Excellent opportunity for investors seeking immediate rental returns
This property presents an excellent opportunity to acquire a well-performing residential asset with an established income stream and strong long-term investment potential.
Don't miss the opportunity to secure this quality residential investment at auction on 20 August 2026.
Features
Zoning
Mixed Use
Title
Freehold
Exterior
Security
No
Sizes
Floor Size
700m²
Land Size
499m²
