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R 6 999 999 Bond Calculator | Commercial Property for Sale in Hurlyvale

Edenvale, Hurlyvale

18
Erf Size: 2 000 m²

Investment Opportunity: 10 Fully-Tenanted Units In Well-Located Complex

An outstanding investment opportunity awaits within a fully-tenanted residential block offering consistent rental income and hassle-free management.


Property Details:
• Number of Units: 10 For Sale, 24 In Total
• Monthly Income: R75,000 (R900,000 annually)
• Occupancy: Fully tenanted with long-term, reliable tenants
• Property Type: Sectional title residential block



Investment Features:
• Turnkey Income: Generate immediate returns with no downtime—The units are already a proven income-generating asset.
• Prime Location: Ideally situated in a thriving neighbourhood with high tenant demand and excellent access to schools, shops, OR Tambo and public transport.
• Future Growth Potential: Benefit from stable rental income while exploring opportunities to enhance revenue or value-add upgrades.
• Low Maintenance: Well-maintained units requiring minimal ongoing upkeep.



Additional Amenities:
• Secure tenant parking.
• Modern finishes across all units.
• Strong rental history and low tenant turnover.



This opportunity offers a solid foundation for immediate and sustained investment success. With a current monthly income of R75,000 and a strong location advantage, this property is a must-see for serious investors looking to grow their portfolio.


Offers from R5.99m. Contact us today for more information or to arrange a private viewing.


Terms and Conditions Apply.




MAXONE BEDFORDVIEW (PTY) LTD trading as RE/MAX One (Bedfordview) operates in terms of a franchise agreement with RE/MAX of Southern Africa.


Property Overview

Listing Number
115397703
Type of Property
Commercial Property
Lifestyle
Complex, Security Complex
List Date
09 January 2025
Erf Size
2 000 m²
Floor Area
780 m²
Levies
R 14 921
Rates and Taxes
R 5 958
Pets Allowed
No

Facilities

Bedroom
23
Bathrooms
18, In unit bathrooms
Kitchens
10, Dishwasher

External Features

Parking
20, , On street parking, Secure parking, Visitor parking
Outside Areas
1

Building

Building Name
Villa Marisa
Building Grading
B Grade
Multi Tenanted
Yes
Standalone Building
No
Number of floors
3

Other Features

Internet Access
Fibre


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Agency

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Agents

Matthew Koury
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