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Six-House Investment Portfolio in Gingindlovu
This multi-unit residential investment comprises six freestanding houses on a substantial 2,632 square metre erf in suburban Gingindlovu. Five units are currently tenanted, generating consistent monthly rental income. The property offers a compelling opportunity for investors seeking an established, income-producing residential asset with proven tenant demand and strong fundamentals for long-term growth.
The development features a mix of bedroom and bathroom configurations to suit diverse tenant profiles. Larger units include four-bedroom, two-bathroom homes with open-plan kitchen and lounge areas, whilst smaller units offer two and three-bedroom options with one to two bathrooms. All homes incorporate open-plan living spaces and tiled flooring throughout, creating practical, easy-to-maintain interiors. One unit includes a single garage, with ten additional parking spaces distributed across the stand.
The perimeter is fully walled. Amenities include fibre connectivity, a family TV room, and wheelchair-friendly access throughout. Six kitchens and six dining areas support independent living in each unit. The expansive garden and generous erf size provide outdoor space and potential for future development or enhancement, whilst the suburban location offers accessibility and community appeal.
Key Features
Six freestanding houses on stand
Five units currently tenanted
Four-bedroom and two-three bedroom options
Fibre connectivity and wheelchair friendly
Walled perimeter with ten parking spaces
Contact us today to arrange a viewing of this income-producing residential investment.