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640m² Apartment Block For Sale in Alberton North
640m² Apartment Block For Sale in Alberton North
640m² Apartment Block For Sale in Alberton North
640m² Apartment Block For Sale in Alberton North
640m² Apartment Block For Sale in Alberton North
640m² Apartment Block For Sale in Alberton North

640m² Apartment Block For Sale in Alberton North

POA

Villa Asante None None
Web Ref CL34921

ON AUCTION - 19th FEBRUARY 2026 - Fully Let Residential Investment – Alberton North

ON AUCTION - 19TH FEBRUARY 2026
Well-located income-generating residential property at 50 6th Avenue, Alberton North comprising 8 fully let units in a double-volume development (4 ground floor, 4 first floor). The unit mix includes 4 x 3-bedroom units and 4 x 2-bedroom units.

Current rentals range between R6,000 – R6,500 per unit, producing a gross monthly income of R63,000 (R50,000 rentals plus R13,500 recoveries). Low monthly expenses of ±R15,000 result in a strong net income of R47,000 per month or R564,000 per annum.

Face brick, low-maintenance property featuring prepaid electricity, fibre to all units, carports for all units, and a fully paved yard. Strong tenant demand and conveniently located close to malls, schools, gyms, and hospitals.

An excellent low-management, high-demand investment offering secure and consistent returns.

Features

Building Name Villa Asante
Zoning Commercial
Title Freehold
Interior
Air Conditioning Yes
Exterior
Security
Yes
Parking Bays
Open Parkings 8
Covered Parkings 8
Sizes
Floor Size 640m²
Land Size 991m²
Extras Air Conditioner; Carport; ADSL
-26.2573146, 28.1253204
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