28 Bedroom House for sale in Hospital View

28 Unit Income-Generating Investment, Hospital View, Tembisa Opposite Zamokuhle Private Hospital Asking Price: R5,499,999 Serious 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: ± R80,000 Estimated Municipal & Utilities: ± R32,000 Estimated Net Before Maintenance: ± R48,000 Annual Net Income: ± R576,000 This 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.