This prime income-generating property, perfectly positioned in the heart of Boschoek, presents a rare and lucrative opportunity for serious investors. Comprising 20 well-maintained residential houses, the property delivers a strong and consistent rental income of R130,000 per month, with a high occupancy rate of 95% year-round.
Strategically located close to major mines, the property enjoys a constant demand from long-term tenants, ensuring reliable cash flow and minimal vacancy. Each unit is meticulously maintained by the current owner, reflecting pride of ownership and providing peace of mind to any discerning buyer.
Key Features:
20 residential units in excellent condition
Monthly rental income: R130,000
Occupancy rate: 95%
Reliable water supply from 2 strong boreholes
Ample space for future development
Situated in the popular and fast-growing Boschoek area
Well-developed infrastructure with potential for expansion
Greenhouse
Whether you are expanding your investment portfolio or looking to secure a property with outstanding income potential, this Boschoek gem ticks all the boxes. Don’t miss this chance to own a profitable, well-positioned property with exceptional growth prospects.
Features
Zoning Mixed Use
Monthly Rates R3,000.00pm Excl. VAT
Land Size 18Ha
Broker Contact Details
Lynn van Tonder
Candidate Property Practitioner Registered with PPRA (FFC 126 313 2)