Summary

Established property investment business with a portfolio of residential income generating properties located in sought-after Johannesburg suburbs, including Sandton and Weltevreden Park.

The business generates R318,000 in annual rental income with existing tenants in place, offering immediate cash flow and long-term growth potential. The portfolio consists primarily of 3 low-maintenance 2-bedroom facebrick units in secure residential complexes with strong rental demand.

This is an ideal turnkey opportunity for investors looking to acquire an operational property business with recurring income, asset-backed value and future expansion potential.

Highlights:

* Registered property business
* Existing rental income stream
* R188,000 net annual income
* Properties valued at R2.388 million (total)
* Low-maintenance residential units
* Located in established Johannesburg areas
* Strong long-term investment potential
* A rare opportunity to acquire a running property investment business rather than individual standalone properties.

Give me more information

How long has the business been established?

This business has been ongoing for 5 years.

Fully describe this property and its income earning activities.

Established property rental business owning 3 residential properties in Johannesburg, including Sandton and Weltevreden Park. The portfolio consists of modern 2-bedroom facebrick units with existing tenants and stable rental income.

The business generates R318,000 annual rental income, with operating costs of around R130,000 per year.

This is a turnkey investment opportunity offering immediate cash flow, long-term capital growth potential, and a registered business structure.

Are there building plans available?

Yes.

What is the erf size and the size of the buildings?

71, 81, 73 m3

What are the main assets of the business?

The three 2 bedroom, facebrick units.

What is the reason for the sale?

I just do not have the time to manage these properties anymore as well as the admin attached to them.

Why is this a good business?

This is a strong investment opportunity because it already generates consistent rental income with existing tenants in place, providing immediate cash flow from day one. The business is simple to operate, has relatively low maintenance requirements and is backed by physical assets in established Johannesburg suburbs.

Why is this property a good investment?

The properties are located in desirable residential areas with ongoing rental demand, helping reduce vacancy risk. The 2-bedroom facebrick units are popular with tenants, cost-effective to maintain and offer long-term capital appreciation potential while continuing to generate monthly rental income.