R6,419,000
$348,134
£268,924
€319,814

3 bedroom townhouse for sale in Dal Fouche

5 Denne Avenue
3 Beds
2 Baths
1 Garage
Entire 7-unit Complex For Sale – High Rental Income & Investment Opportunity

Price Negotiable | No Single Unit Sales | Entire Development for Sale

This is a rare opportunity to own a fully tenanted 7-unit complex, perfect for investors seeking consistent rental income or extended families looking for a secure and spacious living environment.

Property Highlights:

  • Entire complex for sale – No single units available
  • Option to purchase 3 units separately for R2,850,000
  • Strong rental demand – Fully occupied for decades, with a tenant waiting list
  • High ROI potential – Estimated 12% yield with an 8.4-year payback period
  • Low maintenance – Well-kept units with modern finishes
  • Prime location – Close to schools, shopping centers, and major routes

Property Features:

  • Seven separate units, each with private entrances
  • Three bedrooms, two bathrooms per unit
  • Secure parking – Two to three garages per unit
  • Spacious living areas and modern kitchens
  • Secure, well-managed complex

Investor Special: Generate steady rental income from day one.

Viewings by appointment only.

Property Type
Townhouse
Bedrooms
3
Bathrooms
2
Garages
1
Available From
14 Feb 2025
Reference
2360498
Bathroom
,
Address
5 Denne Avenue
Estimated monthly costs
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R66,256
Home loan repayment
R66,256
Utilities
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R0
Property history
Listed for sale at R6,419,000
14 Feb 2025
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