14 Bedroom Townhouse for sale in Fourways

MULTI-UNIT INVESTMENT OPPORTUNITY IN CHARTWELL Asking Price: R5 800 000 An exceptional income-generating property situated in the highly sought-after Chartwell area near Fourways, offering immediate rental returns together with future development potential. Set on a massive 8 560m² stand, this property consists of 6 well-maintained simplex rental units currently generating a combined rental income of R50 900 per month. The property offers strong tenant appeal due to its spacious layouts, private gardens, and excellent location close to major amenities. The stand uniquely straddles two roads, creating dual-access potential a significant advantage for investors or developers considering future expansion or additional units with reduced internal roadway requirements. LOCATION HIGHLIGHTS: - Minutes from Fourways Mall - Close to Fourways Life Hospital - Near Broadacres Super Spar - Easy access to Lanseria International Airport - Close to top government and private schools - Positioned in a high-demand rental node PROPERTY FEATURES: - 6 Income-producing simplex units - Pre-paid electricity installed in all units - Tenant-paid water - Low monthly operating costs - Spacious private gardens for each unit - Covered patios throughout - Excellent long-term rental potential UNIT BREAKDOWN: Unit A – 112m² | Rental: R9 500 - 3 Bedrooms - 2 Bathrooms (main en-suite) - Granite kitchen - Large covered patio - Approx. 350m² private garden Unit B – 72m² | Rental: R8 900 - 2 Bedrooms - 1 Bathroom - Large kitchen - Covered patio - Approx. 300m² private garden Unit 1 – 80m² | Rental: R8 000 - 3 Bedrooms - 1 Bathroom - Covered patio - Approx. 250m² private garden Units 2 & 3 – 72m² each | Rental: R7 800 each - 2 Bedrooms - 1 Bathroom - Covered patios - Approx. 250m² private gardens Unit 4 – 72m² | Rental: R8 900 - 2 Bedrooms - 1 Bathroom - Covered patio - Approx. 250m² private garden MONTHLY FIGURES: - Gross Rental Income: R50 900 per month - Rates & Taxes: R2 200 per month - Armed Response: R610 per month Ideal for: - Buy-to-let investors - Multi-family rental portfolios - Developers seeking future expansion opportunities - Investors looking for stable monthly cash flow with value-add potential This is a rare opportunity to secure a large multi-unit residential investment in one of Johannesburg North’s most desirable growth areas.