- 10
- 10
- 321 m2
- 321 m2
Monthly Costs
Monthly Bond Repayment ZAR .
Calculated over years at % with no deposit. Change Assumptions
Affordability Calculator | Bond Costs Calculator | Bond Repayment Calculator | Apply for a BondBond Calculator
Disclaimer: The estimates contained on this webpage are provided for general information purposes and should be used as a guide only. While every effort is made to ensure the accuracy of the calculator, RE/MAX of Southern Africa cannot be held liable for any loss or damage arising directly or indirectly from the use of this calculator, including any incorrect information generated by this calculator, and/or arising pursuant to your reliance on such information.
Mun. Rates & Taxes: ZAR 2000.00
Property description
Step into an asset that pays you from day one. This 10-unit property, anchored by a nationally recognized Engen Garage, is a fortress of stability in Sky City’s fast-growing hub. Every unit is fully occupied with long-term tenants — no guesswork, no vacancies, no waiting game.
With a current monthly rental income of R30 200, plus an additional R2 000 rebate on rates, this property is engineered for cashflow certainty. It’s conveniently located near shopping amenities, ensuring consistent tenant demand, while the Engen anchor tenant secures prestige, traffic, and stability.
The property itself is in solid condition, with approved plans ready for inspection, offering peace of mind and future scalability. This isn’t just real estate — it’s an income engine that turns capital into consistent, compounding returns.
In a market where investors chase yield, this asset delivers profit on acquisition. You don’t wait for returns. You collect them immediately.
Asset Type: 10 Residential Units + Commercial Anchor (Engen Garage proximity & tenant synergy)
Condition: Excellent (well-maintained, approved building plans available for inspection)
Tenancy:
- 100% Occupied with long-term tenants
- Anchor Tenant: Engen Garage ensures stability + tenant draw
- Mix: residential tenants secured with demand driven by proximity to shopping and amenities
Financials:
- Monthly Gross Rental Income: R30,200
- Rates Rebate: + R2,000 monthly
- Net Operating Income (NOI): R32,200 monthly / R386,400 annually
- Yield: 19%
Investor Advantages:
Cashflow from Day 1 – already fully occupied
Anchor Stability – Engen Garage draws consistent traffic and demand
Growth Location – Sky City is a rising investment node
Hedge Against Inflation – tangible income-producing real estate asset
Expansion Optionality – approved plans create upside potential
Exit Strategy Flexibility:
- Hold for steady rental income (cashflow play)
- Refinance against strong NOI for accelerated growth
- Package & resell as turnkey income asset (capital appreciation play)
Ideal For:
Investors seeking stable monthly income, exposure to a growth corridor, and an asset secured by both residential demand and a national anchor tenant.
Property Details
- 10 Bedrooms
- 10 Bathrooms
Property Features
- Balcony
- Laundry
- Satellite
- Access Gate
- Alarm
- Paving
| Bedrooms | 10 |
| Bathrooms | 10 |
| Floor Area | 321 m2 |
| Erf Size | 321 m2 |
