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Tembisa, Tembisa, Burgersdorp, Eastern Cape
R 5 499 999
Maximise your returns: 28-unit income property in Tembisa Hospital View 28 Unit Income-Generating Investment, Hospital View, TembisaOpposite Zamokuhle Private HospitalAsking Price: R5,499,999Serious investors, this one is for you.This fully occupied block offers 28 rental units, all secured with 1-year lease agreements. The property has approved commercial zoning and is built on two consolidated stands.Perfectly positioned near Tembisa Hospital and Zamokuhle Hospital, ensuring high tenant demand and consistent occupancy.Financial Overview:Gross Monthly Income: R80,000Estimated Municipal & Utilities: R32,000Estimated Net Before Maintenance: R48,000Annual Net Income: R576,000This is a strong cashflow property, generating income from day one.The property is in medium condition with minor improvements needed but remains fully tenanted due to its prime location.Ideal for investors looking for long-term rental income and solid returns.Full rental schedule and municipal statements available for serious buyers.Contact me today for a private viewing and detailed financial breakdown. Show more Show less
Estimated monthly repayment
R 51 938
on a R 4 949 999 bond over 20 years at 11.25%
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Tembisa, Tembisa, Burgersdorp, Eastern Cape
Area view — the exact address is shared on enquiry.
Listed by
David Tshabalala
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