R450,000

R450,000

6 Bedroom Apartment Block For Sale in Zama Zama
6
Bedrooms
3
Bathrooms
1
Garages
Sole Mandate
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HIGH-INCOME INVESTMENT OPPORTUNITY – KATLEHONG

Web Ref. NPR3491
Land size 253.00 m²
Floor size 56.00 m²
Monthly Bond Repayment
R4,568.53
exclusive -sole mandate

Stand size 253m² / 7 income generating units .

Looking for an investment property that offers multiple rental income streams from one stand? This property in Katlehong presents an excellent opportunity for investors seeking immediate rental income and long-term income growth potential.

The property consists of 6 individual outside rental rooms, each currently generating R700 per month, providing a combined rental income of R4,200 per month.

Each room has its own prepaid electricity meter, allowing tenants to purchase their own electricity and helping the owner minimise exposure to electricity costs while simplifying utility management.

Adding further value, the property includes a garage currently operating as a hardware store, generating an additional R1,800 per month in rental income.
Current Rental Income
6 rental rooms: R4,200/month
Hardware store: R1,800/month
Total rental income: R6,000/month
Annual rental income: R72,000/year

Why This Property Makes Sense for Investors

✔ Multiple income streams – Income is generated from 7 separate rental spaces, reducing reliance on a single tenant.

✔ Immediate rental income – The property already has established rental arrangements, offering an investor an income-generating asset from day one, subject to verification of existing tenancies.

✔ Prepaid electricity meters – Each room has its own prepaid meter, helping keep electricity consumption tenant-managed and making utility administration easier.

✔ Residential + commercial income – The combination of residential rooms and a hardware-store rental creates a diversified income profile.

✔ Potential to increase returns – An investor may have an opportunity to improve rental income over time through rental reviews, improved management, or further property optimisation, subject to local regulations and approvals.

✔ Affordable entry into property investment – A multi-income property on a 253 m² stand provides an opportunity to build a rental portfolio without relying on one conventional residential tenant.

This is more than just a property purchase — it is an opportunity to acquire an income-generating asset with multiple tenants, diversified rental income and potential for future growth.

Ideal for investors looking to expand their rental portfolio or buyers seeking a property that can contribute towards its own holding costs through rental income.

Contact us today to arrange a viewing and explore the investment potential of this Katlehong property.
Monthly Levy R99
Monthly Rates R350
Total R449

Features

Interior
6 Bedrooms
3 Bathrooms
Exterior
1 Garage
1 Parking (Single Parking)
Sizes
Land Size 253 m²
Floor Size 56 m²
Additional Amenities
Open Plan Room
Outside Toilets
Listing Info
Date Listed 06-10-26

Zama Zama, Katlehong

Disclaimer

While every effort will be made to ensure that the information contained within the Neotebo Properties website is accurate and up to date, Neotebo Properties makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.