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Tenanted Block Of 12 Large Apartments – Great Investment
updated on Dec 05, 2025
POA

WEB REF: 756686

 
Property Summary
  • Price POA
  • LocationJohannesburg, Lenasia South
  • Property TypeCommercial - Block of Flats
  • Erf Size1632 m2
Description

Accepting Offers. DESCRIPTION: Large Property Offering 3 Blocks Of 4 Exclusive Apartments each. Face brick and solid built – they are spacious 110m² apartments with each apartment offering: • 2 Large bedrooms with built-in cupboards • Open plan Lounge & Dining • Fully fitted kitchen • Large bathroom with shower • Full-time night patrolling security guard • Caretaker at the property to ensure it is spotless at all times • Very neat and well maintained block • Must be seen to be appreciated • Ample secured parking available • Municipal valuation at 2023- was ±R7.33mil • Rental income of ±R70,950 pm or ±R 841,400 pa • Great returns 14% gross yield Pre-Auction offers excl. Claremart’ s fee will be considered. DETAILS: • Erf no: 10911, Lenasia South Ext 4 • Erf size: 1632m² • Zoning: Residential 3 DISCLAIMER: The information supplied in this advert does not constitute a warranty of any kind or nature by the Sellers of the property or by the Brokers. Buyers must conduct their own investigations prior to purchasing.

      Property Address

      Lenasia South Johannesburg

      Contact Agent(s)

      eMail Agent(s)