14 Bedroom House for sale in Lombardy East

An exceptional income-generating investment property is now available in the sought-after suburb of Lombardy East. Situated on a spacious 2,042m² stand this well-positioned multi-unit development offers investors immediate cash flow, strong tenant demand, and reduced operating costs. The property consists of 14 self-contained cottages, with 11 of the 14 units already occupied under secure 12-month lease agreements, each generating R6,500 per month. This provides immediate and stable rental income from day one, making it an ideal turnkey investment for both seasoned and first-time property investors. Each cottage comprises: 1 Bedroom 1 Bathroom Kitchenette These modern and affordable units are ideally suited to students, young professionals, and couples seeking quality accommodation in a convenient and secure location. Perfectly positioned near key amenities, the property enjoys high tenant demand due to its proximity to: Greenstone Shopping Centre Rembrandt Plaza Lyndhurst Discount Centre Edenvale Hospital Sizwe Tropical Diseases Hospital Additional features designed to maximize tenant comfort and investor returns include: Borehole water system for reduced municipal water costs Solar-powered geysers for energy efficiency Sparkling communal swimming pool Covered carport parking for all tenants Secure remote-controlled access gate Ample on-site parking Low-maintenance investment setup The combination of secure long-term leases reduced operating expenses, excellent security, and proximity to shopping centers, schools, healthcare facilities, and transport routes create a strong investment opportunity with reliable cash flow and long-term capital growth potential.