R3,800,000
R3,800,000
9
Bedrooms
5
Bathrooms
20 Fick Road
Ockie Hoffman
PRIME MULTI-UNIT INVESTMENT OPPORUNITY IN BARDENE, BOKSBURG. GATED COMMUNITY .
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 770 sqm
Utilities Pre-paid Electricity & Gas Geysers
Condition Excellent / Well-Maintained
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 770 sqm
Utilities Pre-paid Electricity & Gas Geysers
Condition Excellent / Well-Maintained
Features
Interior
Exterior
Additional Amenities
Listing Info
Bardene, Boksburg
- Street map
- Street view
Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
Disclaimer
While every effort will be made to ensure that the information contained within the Century 21 South Africa website is accurate and up to date, Century 21 South Africa 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.
