PRIME MULTI-UNIT INVESTMENT OPPORUNITY IN BARDENE, BOKSBURG. GATED COMMUNITY .

Description

Prime Multi-Unit Investment: R40k Monthly Income with Massive Expansion Potential. Located in a sought-after gated community area in Bardene, Boksbug Unlock a rare high-yield opportunity in a market where demand for private, secure, and well-maintained rental stock is at an all-time high. Situated on an expansive 2,500sqm erf, this meticulously managed multi-residential estate offers an immediate, robust income stream with the infrastructure already in place for significant further development. The Investment Core Currently generating an average monthly rental income of ±R40,000, this property is a dream for the "hands-off" investor. The estate features 5 self-sustained private residential units, ranging from a chic studio to spacious 2-bedroom layouts. Each unit is designed for total independence and tenant privacy, featuring: • Private Lounge and fully equipped Kitchen. • Dedicated Bathrooms and Toilets. • Pre-paid Electricity meters in every unit (hassle-free utility management). • Select units equipped with Gas Geysers to reduce energy costs and appeal to eco-conscious tenants. Development & Land Value While the current under-roof footprint is 269sqm, the property boasts a massive 770sqm designated development area. Whether you want to double the unit count or create luxury communal facilities, the sheer size of this erf provides a safety net of land value and future growth. Security & Modern Amenities Tenant retention is effortless thanks to the "move-in ready" condition and top-tier security: • Security: Full perimeter electric fencing and an automated access gate. • Sustainability: External security lighting is solar-powered, ensuring safety even during outages. • Connectivity: High-speed Wi-Fi is available across the property. • Aesthetics: A beautiful, lush, and well-maintained garden provides a serene atmosphere that attracts high-quality tenants. Property Summary Feature Detail Total Erf Size 2,500 sqm Monthly Income ± R40,000 Total Units 5 (Studio to 2-Bed) Development Area 980 sqm Utilities Pre-paid Electricity & Gas Geysers Condition Excellent / Well-Maintained

Features

Alarm System

Yes

Backup Water

Yes

Satellite Dish

Yes

Fibre

Yes

Access Gate

Yes

Electric Fencing

Yes

Fence

Yes

Garden

Yes

Paveway

Yes