Security complex home for sale in Cason

Nestled in the ever evolving Ekurhuleni metro, this 30,000 m² property complex features an active current 61 income generating clustered home units, respectively.

61 Clustered homes entails:

(13 units), 1 bedroom, shower, kitchen open plan lounge, parking.

(8 units), 2 bedroom Units, 1 bathroom, lounge, dinning, front porch, garden, parking and offroad parking. Prepaid meters for both electricity and water for each Units.

( 48 Units), 3 bedroom Units, 1 bathroom, lounge, dinning, front porch, garden. Parking and complex offroad parking. Prepaid meters for electricity and water.

The complex condition needs TLC and revamp in certain places, which can modernize the complex into viable complex, with its already strong rental income.

Per the recent Boksburg advertisement article:

University on the Horizon: Ekurhuleni will proudly host its first ever viable University of Science and Innovation in Boksburg, with groundbreaking expected in mid 2026 on government owned land in Boksburg East Central.

The institution is projected to serve approximately 2,000 students and 180 staff over its first decade as it expands gradually.

The total amount of units is 61. Cambridge Mews 48 clustered Homes, Bloekombos 13 Bungalows. "Total 61"

All documentation is neatly in order, ensuring a seamless transition. With immediate rental returns and the pace of urban transformation picking up, this property isn't just a smart investment, it's your entry ticket into Ekurhuleni's future by all means.

Key Highlights:

Stable monthly income: Current : R 288 919.00 & Fully Tenanted: R 377,671.00

Rates and taxes: R 16 000.00

Prime positioning: Proximity to a soon to be university campus and a immense working class rental being profitable within the area already.

Rising demand growth: Families, Students, staff, and infrastructure fueling local property growth within the area respectively.

Transparent and ready for transaction, Kindly Contact me today for a booked viewing only.