R 1,100,000

R 1,100,000

Prime Income-Generating Opportunity: 4-Unit Flatlet Investment in Dawn Park
4
Bedrooms
4
Bathrooms
Active

Prime Income-Generating Opportunity: 4-Unit Flatlet Investment in Dawn Park

Web Ref. MPLS-9498
Land size 280 m²
Floor size 45 m²
Monthly Bond Repayment
calculating..

Prime Income-Generating Opportunity: 4-Unit Flatlet Investment in Dawn Park

 

Unlock exceptional value with this meticulously converted property in the heart of Dawn Park, specifically designed to maximize rental yields for the astute investor. This versatile asset consists of four separate

 

One-bedroom flatlets, each thoughtfully curated to offer independent living while maintaining a cohesive and secure environment. 

 

Each unit features a spacious, light-filled bedroom with dedicated wardrobe space, complemented by a modern en-suite bathroom equipped with a shower, basin, and toilet. The living areas are equally functional, boasting open-plan kitchens complete with built-in cabinets and stove setups that flow seamlessly into generous lounge areas.

 

Privacy is prioritized throughout, as every unit benefits from its own private entrance.

 

The exterior of the property is as practical as the interior, featuring a fully paved yard that ensures low-maintenance upkeep and provides convenient parking for residents. 

 

Security is robust and comprehensive, with the premises fully enclosed by high perimeter walls and protected by a steel sliding gate and burglar bars, offering peace of mind to both landlords and tenants. 

 

Located in a growing area of Boksburg, this property is positioned perfectly for consistent rental demand. It is within close proximity to the Dawn Park Shopping Centre, local clinics, and reputable schools such as Dawn Park Primary and Secondary. 

 

Residents also 0enjoy excellent connectivity to major transport routes, including the N17 highway, facilitating easy commutes to industrial hubs like Wadeville, Roodekop, and beyond.

 

With an estimated monthly rental income potential of R15,000 to R16,000, this property represents a compelling addition to any investment portfolio, balancing immediate cash flow with the long-term reliability of a well-located residential asset.

Features

Property Type Home
Listing Purpose Sale
Municipal Rates R 800
Pet Friendly Yes
Occupation On Transfer
En-Suites 4
Levy R 1000
Floor Size 45 m²
Total Floors 1
Property Tags
Freestanding Single Storey East Tile A_frame Style Modern Brick Plaster Steel

Rooms

Bedrooms 4
Bathrooms 4
Kitchen 4
Lounges 4

Amenities

Flatlet Yes
Stove/Oven
Extractor Fan

Kitchen

Kitchen 1
Tiled Floors Built-in Cupboards Stove (Oven & Hob) Curtain Rails
Kitchen 2
Tiled Floors Built-in Cupboards Open Plan Curtain Rails
Kitchen 3
Tiled Floors Built-in Cupboards Curtain Rails Stove (Oven & Hob)
Kitchen 4
Tiled Floors Built-in Cupboards Open Plan Stove (Oven & Hob) Curtain Rails

Lounge

Lounge 1
Tiled Floors Curtain Rails TV Port Internet Port
Lounge 2
Tiled Floors Curtain Rails TV Port
Lounge 3
Tiled Floors Curtain Rails TV Port
Lounge 4
Tiled Floors Curtain Rails TV Port

Bedroom

Bedroom 1
Built-in Cupboards King Bed Tiled Floors Curtain Rails
Bedroom 2
Built-in Cupboards King Bed Tiled Floors Curtain Rails
Bedroom 3
Built-in Cupboards King Bed Tiled Floors Curtain Rails
Bedroom 4
Built-in Cupboards King Bed Tiled Floors Curtain Rails

Bathroom

Bathroom 1
Shower, Toilet and Basin Main en Suite Tiled Floors Curtain Rails
Bathroom 2
Shower, Toilet and Basin En suite Tiled Floors Curtain Rails
Bathroom 3
Shower, Toilet and Basin En suite Tiled Floors Curtain Rails
Bathroom 4
Shower, Toilet and Basin Tiled Floors En suite Curtain Rails

Parking

Parking 1
Secure Parking Carport

Security

Security 1
Totally Fenced Security Gate Safe Burglar Bars

Amenities

Family Tv Room Flatlet Built in Cupboards TV Fibre DSTV Burglar Bars Security Gates Secure Parking

Disclaimer

While every effort will be made to ensure that the information contained within the Mandated Property Group website is accurate and up to date, Mandated Property Group 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.