Single Family Home for Sale, Boksburg, Gauteng, South Africa

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 980 sqm
Utilities Pre-paid Electricity & Gas Geysers
Condition Excellent / Well-Maintained