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Bardene, Bardene, Boksburg, Gauteng
R 3 650 000
High-Yield Multi-Unit Investment | R40,000 Monthly IncomeSerious investors take note. Income-producing residential assets with this combination of existing cash flow and expansion potential rarely become available in Bardene.Situated in a secure gated area, this well-maintained multi-unit property currently generates approximately R40,000 per month in rental income, offering immediate return while still leaving substantial room for future development.Set on a large 2,500sqm erf, the property currently accommodates five fully independent residential units, designed to maximise tenant privacy and simplify long-term management.Existing Income StructureThe property consists of five self-contained units, ranging from a modern studio to spacious two-bedroom layouts. Each unit includes:- Private lounge area- Fully fitted kitchen- Dedicated bathroom facilities- Pre-paid electricity meters for simplified utility management- Select units fitted with gas geysers, reducing electricity costs and improving efficiencyThis setup provides a stable rental structure while keeping operational costs manageable for investors.Expansion andamp Development PotentialWhile the current improvements measure approximately 269sqm under roof, the property still offers an extensive additional development footprint of approximately 770sqm.For investors focused on scaling returns, this opens several opportunities:- Increase the number of rental units- Develop additional cottages or cluster-style units- Enhance the property with communal tenant amenities- Optimise layout to increase rental densityThe large erf size and existing infrastructure provide both immediate income and long-term upside potential.Security andamp Tenant AppealSecure, well-maintained properties consistently attract stronger tenants and reduce vacancy risk. This property offers:- Full perimeter electric fencing- Automated access gate- Solar-powered security lighting for reliability during outages- High-speed Wi-Fi connectivity available across the property- A landscaped and well-maintained garden environmentInvestment SnapshotErf Size: 2,500 sqmCurrent Rental Income: R40,000 per monthTotal Units: 5 self-contained unitsCurrent Under Roof: 269 sqmAdditional Development Potential: 770 sqmUtilities: Pre-paid electricity andamp gas geysersCondition: Well maintained investor readyInvestor PerspectiveProperties offering immediate income, strong land value, and future development potential are becoming increasingly scarce in Bardene.This asset provides a combination of existing cash flow and expansion opportunity, making it well suited to investors looking to grow a residential rental portfolio.DAZZLE REALTORS PTY LTD trading as REMAX Dazzle Benoni operates in terms of a franchise agreement with REMAX of Southern Africa. Show more Show less
Estimated monthly repayment
R 34 468
on a R 3 285 000 bond over 20 years at 11.25%
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Bardene, Bardene, Boksburg, Gauteng
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Liivra AI market value
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Listed by
Palesa Mthembu
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