Accepting Offers.
THE PROPERTY CONSISTS OF:
A unique opportunity to secure a high-income, multi-unit rental asset in the heart of Orchards, delivering a realistic monthly rental of ±R54 000 and a strong return on investment. The property offers 7 rentable units, plus a 3-bedroom main house, with flexible configuration options to further increase income.
Rental Breakdown;
• Three modern loft studios — Custom-designed units with private bathrooms & kitchenettes; ±R22 900 combined
• Large studio unit — Spacious, modern; ±R7 000
• Three compact budget units — Custom designed; shared kitchen & bathroom; ±R7 100 combined
Main House Income Potential
• Convert main bedroom into standalone unit: ±R6 000
• Remaining 2-bedroom house: ±R11 000
• Total realistic rental: ±R54 000 p.m.
Financial Highlights.
• Gross Yield: 13.2% p.a. at a list price of ±R4.899m — well above the benchmark of 10% for strong rental investments
• Major cost advantage: No sectional title levies & only one COJ account
• Solar investment - Significant solar infrastructure, resulting in minimal Eskom usage
• Ideal for investors seeking high cash flow, low overheads, and strong long-term capital growth.
Property Features.
• Most units include private patios
• Main house kitchen: fully renovated, Smeg gas/electric stove, Caesarstone-type tops, modern finishes
• Main house living areas: spacious open plan layout, laminate wood flooring
• Unique “beach bar” entertainment area with beach sand
• Parking for 6 vehicles inside the property
• Excellent location in the heart of Orchards
• Strong security: electric fencing, security gates
• Owner open to including most furniture in the sale.
Why This Asset Stands Out
• High, diversified rental income
• Flexible configuration for increased yield
• Low running costs
• Solar-powered efficiency
• Strong tenant demand area
• Rare multi-unit freehold opportunity in Orchards
DETAILS:
• Erf size: 808m²
• Zoning: Residential 1
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
Orchards, Johannesburg, Gauteng
