R 5 500 000
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1 320 m² Commercial space in Lenasia South

12 1 320 m²

This commercial property in Lenasia South presents an excellent investment opportunity with a steady income stream. Here''s a breakdown of the key features:

12 Exclusive Apartments: Each apartment offers 110 sqm of living space, totaling 24 bedrooms.

Spacious Apartments: Each unit includes:

2 large bedrooms with built-in cupboards

Open-plan lounge, dining area, and kitchen

A large bathroom with a shower

Fully Occupied: Ensures consistent rental income.

Security and Maintenance:

Full-time night patrolling security guard

On-site caretaker

28 Parking Spaces: Ample parking for tenants with vehicles.

Braai Area: Adds to the outdoor social space.

Financials:

Net Monthly Income: R45,050.76

Net Annual Income: R540,609.12

This property is well-suited for investors seeking a reliable, profitable venture in real estate with minimal risk due to its consistent occupancy, excellent amenities, and solid rental income.

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Property details

  • Listing number T4955865
  • Property type Commercial
  • Listing date 10 Feb 2025
  • Floor size 1 320 m²

Property features

  • Bathrooms 12

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