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66 Edward, Lakefield, Benoni, Gauteng
R 3 600 000
Imagine owning an asset that pays you from day one. Behind high perimeter walls in one of Lakefield's sought-after boomed-off, access-controlled pockets stand two established apartments on ±1,000 m² — each tenanted, each producing R20,000 per month, for a combined R40,000 monthly income already in place. At the asking price, that's a gross yield of ±13.3% — numbers that speak for themselves in any portfolio. 66A — Ground Floor: 3 bedrooms, 2 bathrooms (1 en-suite), open-plan kitchen, dining and TV room, large private lounge, storeroom, private yard and secure parking. 66B — First Floor: 4 bedrooms, 3 bathrooms (2 en-suite), open-plan kitchen and dining, TV room, large private lounge, large backyard with staff accommodation and storeroom, and secure gated parking. Each apartment has its own private entrance gate, its own prepaid electricity meter and a separate water meter — clean, independent tenancies with no utility disputes. Water security is built in: borehole-fed supply, filtered to the houses, backed by a 10,000-litre storage system. Fibre connectivity throughout, and both units are pet friendly — a genuine advantage in the rental market that keeps good tenants longer. The location does the letting for you: boomed streets patrolled and guarded, minutes from Benoni's lakes, the Benoni Country Club golf course, Korsman Bird Sanctuary, Lakeside Mall and quick N12/R21 access to Johannesburg and OR Tambo. Tenants stay in Lakefield because life here is easy — and landlords benefit. Sold together as one full-title portion, subject to registration of the approved subdivision (in process). Approved plans, square meterage, leases and a full income schedule available to qualified buyers on request. Features: Combined rental income: R40,000 p/m (R20,000 per unit) ±1,000 m² land size Secure, guarded, boomed-off area of Lakefield High perimeter walls with private gated access per unit Prepaid electricity per unit; separate water meter Borehole water, filtered, with 10,000 l backup system Fibre connectivity Pet friendly Plans and m² information available on request
Estimated monthly repayment
R 33 996
on a R 3 240 000 bond over 20 years at 11.25%
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66 Edward, Lakefield, Benoni, Gauteng
Fair-value check
Fairly pricedIn line with comparable 4-bed houses for sale in Lakefield
Based on 23 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Sipho Zulu
Unclaimed listing — claim it to verify
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