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Multi-Unit Residential Investment on 2,632 sqm Stand
This exceptional property in Gingindlovu comprises six freestanding houses on a substantial 2,632 square metre erf, offering a compelling investment opportunity with established rental income. Five units are currently tenanted, generating consistent monthly revenue. The development combines practical design with functional living spaces across multiple configurations, catering to diverse tenant profiles and maximising income potential.
The property features a mix of bedroom and bathroom configurations. The largest units include 4-bedroom, 2-bathroom homes with open-plan kitchen and lounge areas, whilst smaller units offer 2 and 3-bedroom options with 1 to 2 bathrooms. All homes incorporate open-plan living spaces and tiled flooring throughout, creating easy-to-maintain interiors. One unit includes a single garage, with additional parking available across the stand.
The perimeter is walled. Amenities include fibre connectivity, a family TV room, and wheelchair-friendly access. The expansive garden provides outdoor space, whilst the generous erf size allows for future development or enhancement. Located in suburban Gingindlovu, this multi-unit holding represents a stable, income-generating residential asset with strong fundamentals and growth potential.
Key Features
Six freestanding houses on stand
Five units currently tenanted
4-bedroom and 2-3 bedroom options
Walled perimeter
Fibre connectivity throughout
Contact us today to arrange a viewing of this income-producing residential investment.