Hospital View, Tembisa, Gauteng
R 5,900,000
28 Beds | 25 Baths | 867 m² Floor | 1,090 m² Land
Maximise your returns: 28-unit income property in Tembisa Hospital View
28 Unit Income-Generating Investment, Tembisa Hospital View
Asking Price: R5 900 000
Serious investors, this one is for you.
Fully occupied block with 28 rental units, all with 1-year lease agreements in place. Commercial zoning approved and built on two consolidated stands.
Perfectly located next to Zamokuhle Hospital and Tembisa Hospital, keeping demand high and making it very attractive for tenants.
Financial Overview:
Gross Monthly Income: ± R80 000
Estimated Municipal & Utilities: ± R32 000
Estimated Net Before Maintenance: ± R48 000
Annual Net Income: ± R576 000
This is a cashflow property generating income from day one.
Medium condition with minor attention needed, but occupancy remains high due to strong demand in the area.
Ideal for investors looking for long-term rental income and solid returns.
Full rental schedule and municipal statement available for serious buyers.
Contact me for a private viewing and detailed financial breakdown.
Key Details
Reference LFKP-2968
Listing type Sale
Property type House
Listing zone Residential
Suburb Hospital View
City Tembisa
Province Gauteng
Rates R 5,749
Property Details
Bedrooms 28
Bathrooms 25
Open parking 13
Floor area 867 m²
Land size 1,090 m²
Paved yard Yes
Balcony Yes
Kitchen Yes
Laundry Yes
Lounges 1
En-suite bathrooms 10
Reception Yes
Smoking Allowed Yes
Pets allowed Yes
Dining areas 1
Entrance hall Yes
Built-in cupboards Yes
Pre Paid Electricity Yes
Finance
Bond Calculator
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