Skip the Red Tape. Straight to the Revenue.
INVESTOR’S DREAM: Semi-Developed, High-Yield 11-Unit Block with Approved Plans
The Blueprint is Ready. The Structure is Built. The Yield is Yours.
THE OPPORTUNITY:
Skip the two-year municipal approval delays and the headaches of building from scratch. This prime, semi-developed property is standing, structurally complete, and waiting for an astute investor to add the finishing touches and unlock a massive, recurring revenue stream.
Fully council-approved building plans are included in the sale, offering a frictionless, rapid-turnaround project designed for maximum capital velocity.
DYNAMIC INVESTMENT FLEXIBILITY:
This 11-room asset is perfectly configured to pivot into the two highest-demanding rental sectors in the market:
Working-Class Residential Apartments: Complete the units as modern, high-density apartments for young professionals, targeting a premium rental of R6,500 to R7,000 per month, per unit.
High-Density Student Accommodation: Tap into the student market at an estimated R3,500 per student/bed with excellent dual-occupancy potential.
📊 THE NUMBERS & ROI POTENTIAL
Purchase Price: R8,500,000
Total Units/Rooms: 11 Spacious units
Working-Class Rental Target: R6,500 – R7,000 per unit / month
Residential Gross Income: R71,500 – R77,000 per month
Projected Annual Revenue: Up to R924,000 Gross Annual Income
Projected Gross ROI: Up to 10.8% High-Yield Return
The Blueprint is Ready. The Structure is Built. The Yield is Yours.
THE OPPORTUNITY:
Skip the two-year municipal approval delays and the headaches of building from scratch. This prime, semi-developed property is standing, structurally complete, and waiting for an astute investor to add the finishing touches and unlock a massive, recurring revenue stream.
Fully council-approved building plans are included in the sale, offering a frictionless, rapid-turnaround project designed for maximum capital velocity.
DYNAMIC INVESTMENT FLEXIBILITY:
This 11-room asset is perfectly configured to pivot into the two highest-demanding rental sectors in the market:
Working-Class Residential Apartments: Complete the units as modern, high-density apartments for young professionals, targeting a premium rental of R6,500 to R7,000 per month, per unit.
High-Density Student Accommodation: Tap into the student market at an estimated R3,500 per student/bed with excellent dual-occupancy potential.
📊 THE NUMBERS & ROI POTENTIAL
Purchase Price: R8,500,000
Total Units/Rooms: 11 Spacious units
Working-Class Rental Target: R6,500 – R7,000 per unit / month
Residential Gross Income: R71,500 – R77,000 per month
Projected Annual Revenue: Up to R924,000 Gross Annual Income
Projected Gross ROI: Up to 10.8% High-Yield Return
Features
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Disclaimer
While every effort will be made to ensure that the information contained within the Dormehl Phalane Property Group website is accurate and up to date, Dormehl Phalane Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
