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R20,700,000 | 1,870m² Apartment Block For Sale in Glen Lauriston

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R20,700,000

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Monthly Levy
R31,778.67
Monthly Rates
R5,024.92

High-Yield Turnkey Property Portfolio | 100% Occupancy | Immediate ROI

An exceptional real estate investment opportunity has hit the market. This high-performing residential ground floor portfolio offers a rare combination of stable cash flow, 100% occupancy rates, and a diversified income stream through both residential units and secure storage/garages.

Strategically structured for a seamless transition, this portfolio is held within a registered company (Pty Ltd), offering significant potential tax efficiencies and a simplified transfer process for the savvy investor.

The Financial Breakdown
This is a "math-first" investment designed for those seeking a recession-proof asset class with high demand.
1. Apartments: 14 Units
Monthly Income: R112 445
Unit Price R1 400 000
2. Lock-up Garage : 20 Units
Monthly Income: R24 547
Unit Price: R150 000
34 Assets| Income R136 992 | R22 600 000

Gross Annual Income: R1 643 904
Monthly Operating Expenses: R43 523.59 (Rates & Levies)
Net Monthly Cash Flow: R93 468.41

Key Investment Highlights
Zero Vacancy Factor: Currently operating at 100% occupancy with a consistent waiting list, ensuring immediate yield from day one.
Dual Income Streams: Unlike standard residential blocks, this portfolio generates secondary "passive-passive" income through 20 highly sought-after lock-up garages.
Prime Asset Condition: Well-maintained units that command premium rentals in a high-growth node.
Company Purchase Benefit: The portfolio is registered under a company, allowing for a clean share transfer which can significantly reduce traditional transfer duty costs.

Why This Portfolio?
In the current market, finding a consolidated portfolio with a proven track record is rare. This isn't just a collection of units; it is a fully operational rental business. Whether you are looking to expand an existing fund or secure a high-yield anchor for your private wealth, these numbers speak for themselves.
Investor Note: The high demand for secure "lock-up-and-go" storage (garages) provides a unique hedge against market volatility, often outperforming traditional residential yields on a per-square-meter basis.
Secure this blue-chip asset today. Contact us for a full Information Memorandum and to arrange a private viewing of the units.

Features

20
0
Building Name
Eldo Acres
Zoning
Commercial
Title
Sectional
Floor
1
Exterior
Security
Yes
Parking Bays
Covered Parkings
20
Sizes
Floor Size
1,870m²
Donnatella Jose
Donnatella Jose
TEAM PAUL - Sales Affiliate Registered with PPRA
(FFC 20237151245)
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