EXCELLENT 3-UNIT INVESTMENT OPPORTUNITY – KUILS RIVER

Asking Price: R1,705,000

An excellent opportunity for investors looking to acquire 3 two-bedroom apartments sold together as one investment package, offering a combined rental income of R21,640 per month.

Property Features

• 3 × 2-bedroom apartments

• Unit sizes: 56 m², 57 m² and 58 m²

• 2 decent-sized bedrooms in each unit

• Comfortable lounge

• Kitchen with prepaid electricity meters

• Bathroom with hand basin and toilet

• Well-situated within a residential complex

• Convenient access to public transport

Investment Figures

Purchase Price: R1,705,000
Total Monthly Rental: R21,640
Monthly Expenses: ±R3,838.31
Estimated Monthly Income After Listed Expenses: ±R17,801.69

This gives investors an attractive rental-income opportunity, with the 3 units providing income from multiple tenants rather than relying on a single rental property.

 PRIME LOCATION – KUILS RIVER

Ideally situated within walking distance of Kuils River Metrorail Station, public transport and major shops, making these apartments particularly attractive to tenants who rely on convenient public transport for work and daily activities.

Kuils River has an established rental market and is recognised as an area with demand for affordable rental accommodation.

 IDEAL FOR INVESTORS

A great opportunity to acquire 3 income-generating apartments in one transaction and build a property portfolio with an existing rental income stream.