R 3 100 000
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12 Bed Apartment in Lenasia

12 6 8 587 m²

Perfect Investment

This property is a great investment opportunity!

With six 2-bedroom units, fully equipped kitchens, spacious living areas, and individual amenities like washing lines and refuse bins, it offers convenience and comfort to tenants. The inclusion of prepaid water and electricity meters is a smart feature for managing utilities.

Furthermore, covered parking, and the security features such as palisade fencing and automated entrance enhance safety for both tenants and the property itself. The proximity to essential amenities like Trade Route Mall, schools, and religious centers adds to its appeal, making it convenient for tenants.

The potential annual income of R420,000 indicates a promising return on investment, making this property an attractive option for investors looking for steady rental income. Additionally, the low-maintenance face brick structure adds to its appeal, reducing long-term upkeep costs.

Overall, this property seems like a well-maintained and lucrative investment opportunity in a convenient location.

Property details

  • Listing number T4426834
  • Property type Apartment
  • Erf size 587 m²
  • Rates and taxes R 838

Property features

  • Bedrooms 12
  • Bathrooms 6
  • Lounges 6
  • Open Parkings 8
  • Storeys 2
  • Access Gate
  • Balcony
  • Built In Cupboards
  • Fenced
  • Laundry
  • Patio
  • Kitchen
  • Intercom
  • Electric Fencing
  • Paving

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