Apartments / Flats for Sale in Lenasia
Lenasia, JohannesburgBasics
- Type:Residential
- Status:Open
- Area:700 m²
- Bedrooms:2
- Bathrooms:1
- Flatlet:8
Description
- Description:
Fully Tenanted 8-Unit Apartment Block – Excellent Investment Opportunity
8 Units • Fully Tenanted • R52,000 Estimated Monthly Rental Income • 15 Parking Bays • Secure Boomed-Off Area
This spacious, fully tenanted 8-unit apartment block presents an excellent opportunity for investors seeking a well-established property with reliable rental income and immediate returns.
With all units currently occupied, the property offers an attractive income-generating investment from day one and the potential to become a valuable long-term addition to your property portfolio.
Unit Configuration
The apartment block comprises:
- 7 × 2-bedroom units
- 1 × 3-bedroom unit
- 8 fully tenanted units
- Ample parking for up to 15 vehicles
Strong Rental Income
The property generates an estimated monthly rental income of R52,000, providing investors with an established income stream from the outset.
With multiple residential units under one property, this investment also offers the benefit of a diversified rental base.
Secure & Convenient Location
Situated within a secure boomed-off area, the property offers tenants added peace of mind while remaining conveniently positioned close to essential amenities, including:
- Schools
- Shopping centres
- Public transport
- Everyday amenities and services
A Solid Addition to Your Portfolio
Whether you're an experienced investor looking to expand your portfolio or seeking a fully occupied residential property with established rental income, this apartment block offers an attractive combination of income, security and long-term investment potential.
Contact Theba Realtors today to arrange a viewing and explore this excellent investment opportunity.
Show all descriptionwww.property24.com/for-sale/lenasia/johannesburg/gauteng/4699/117457950
Amenities & Features
- Amenities:
Nearby Schools
- Primary School:Libra Primary, Madressah Ayesha
