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R5,070,000 | 447m² Apartment Block For Sale in Lenasia South

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R5,070,000

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Monthly Rates
R787.53

Prime Investment Opportunity – 20 Apartments + 3 Retail Shops

Discover an exceptional commercial property in Lenasia South, offering unmatched investment potential with 20 modern apartments and three prime retail shops.

This property consists of two separate double-storey buildings featuring:
+ 16 x Spacious 2-Bedroom Apartments
+ 4 x Large 3-Bedroom Apartments with 1.5 bathrooms
+ Open-plan living areas & modern kitchens
+ Secure parking for all tenants
+ Balconies and dual entrances for added convenience

Key Features:
+ Strong Rental Demand: 13 units & 3 retail shops currently occupied, generating R60,270/month
+ High Growth Potential: Completion of 7 remaining units expected to push total income to R100,000+/month
+ ROI Above 10% – A rare find in the market!
+ Borehole Water System with filtration – reducing utility costs
+ Zoned for Commercial Use – Ideal for long-term passive income

Why This Property?
+ Strategic Location in a high-demand rental area
+ Massive Upside Potential – Fully let, the property could generate R120,000+ monthly income
+ Turnkey Investment Opportunity – Start earning immediately with existing tenants

Don’t miss out on this rare, high-income commercial property!

Contact us today for more details or to arrange a viewing.

Features

0
Zoning
Commercial
Title
Freehold
Exterior
Security
No
Sizes
Floor Size
447m²
Land Size
446m²
Extras Balcony; Bath
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