R 55,000,000

Great Investment Apartment Block For Sale in Witfield, Boksburg


110
Bedrooms
110
Bathrooms
110
Parking
0
Garages
5800m2
Floor Size
5000m2
Land Size

GREAT INVESTMENT OPPORTUNITY WITH FULLY LET UNITS.

High-Yield Investment: 55-Unit Residential Block in Witfield, Boksburg

Position yourself for strong returns with this fully tenanted 55-unit complex in the rapidly developing Witfield area of Boksburg. Whether you're expanding your portfolio or entering the rental market, this opportunity offers reliable income and long-term growth.

Key Investment Details:
- Total Units: 55
- Monthly Rental Income: R8,500 – R9,500 per unit
- Levies & Rates: R900 + R700 per unit/month (tenant-paid)

 Unit Composition:
- 2 generously sized bedrooms
- 2 contemporary bathrooms
- Open-plan kitchen and lounge
- Private balcony or patio with built-in braai
- Pet-friendly environment
- Secure estate with communal swimming pool
 
Operational Advantages:
- Low Maintenance: Durable face brick construction with paved surfaces
- Tenant Efficiency: Prepaid electricity and metered water/sewer
- Utilities: Gas and electricity billed directly to tenants
- Appeal: Modern finishes, secure living, and consistent rental demand

Ready to Invest?
Adadi Gardens offers a turnkey solution for passive income with minimal overhead and strong tenant retention. Contact us today to arrange a viewing.


Property overview

Rates
R 700
Levy
R 900
Floor Size
5800 m2
Land Size
5000 m2
Property Ref
P1481481

What this place offers


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Javeria S. Akhtar

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Tatenda Muchena
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