About this property

Why to Buy? Fully established multi-let investment property 9 income-generating rental units Swimming pool with great potential - requires some restoration and maintenance Excellent monthly rental income already in place Diverse rental mix reducing vacancy risk Strong cash-flow investment from day one Ideal for experienced investors or first-time landlords Opportunity to further optimise rental returns Spacious property with multiple accommodation units Convenient location close to schools, shopping centres, public transport and major routes A turnkey investment with immediate income potential Current Monthly Rental Income Unit Monthly Rental Unit 1 R4,500 Unit 2 R2,800 Unit 3 R2,800 Unit 4 R1,000 Unit 5 R2,800 Unit 6 R1,800 Unit 7 R1,800 Unit 9 R4,000 Unit 10 R2,800 Total Monthly Rental Income: R24,300 Property Description Here's an outstanding opportunity to secure a fully operational multi-let investment property in the heart of Brakpan, offering immediate rental income and excellent long-term growth potential. With multiple income-producing units already occupied, this property provides investors with strong monthly cash flow from the day transfer takes place. The property has been configured as a successful multi-let development comprising nine individual income-producing units, each contributing towards a substantial combined monthly rental income of R24,300. The diverse unit mix helps minimise vacancy risk while creating multiple independent income streams, making it a resilient and attractive investment. Current rentals include Unit 1 at R4,500, Units 2, 3, 5 and 10 at R2,800 each, Unit 4 at R1,000, Units 6 and 7 at R1,800 each, and Unit 9 at R4,000 per month. This well-balanced rental structure provides investors with stable recurring income and opportunities for future rental escalations. The property's layout has been designed to maximise rental accommodation while maintaining practical living arrangements for tenants. Its configuration makes it ideal for long-term residential rentals and offers scope to further improve or expand the income potential over time. Conveniently positioned close to shopping centres, schools, public transport, employment hubs and major transport routes, the property enjoys a location that continues to attract tenant demand, helping to support consistent occupancy levels. Whether you are looking to expand an existing property portfolio or searching for a high-performing investment with immediate returns, this exceptional multi-let property delivers reliable cash flow, multiple income streams, and outstanding investment potential. DORICEL (PTY) LTD trading as RE/MAX Superior (Mulbarton) operates in terms of a franchise agreement with RE/MAX of Southern Africa.