Commercial Property in La Rochelle For Sale

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Description

MANAGEABLE 4-UNIT BLOCK OF FLATS | SOLID RETURNS | DEVELOPMENT UPSIDE

An excellent opportunity to acquire a well-located, easy-to-manage block of flats in the heart of La Rochelle — ideal for investors seeking steady income today with clear growth potential tomorrow.

Set on a 495sqm stand in a wide one-way street, this low-maintenance face-brick property offers strong fundamentals, consistent tenant demand, and room to expand.

 

KEY INVESTMENT SNAPSHOT

 

  • Price: R1 500 000
  • Stand Size: 495sqm
  • Units: 4
  • Total Bedrooms: 6
  • Total Bathrooms: 4
  • Combined Under-Roof: ±288sqm
  • Current Gross Rental: ±R15 000 pm
  • Potential Gross Rental: ±R18 000 pm
  • Monthly Expenses: ±R5 625
  • Zoning: Residential
  • Parking: Open parking for 6 cars

 

 

UNIT CONFIGURATION (EACH UNIT OFFERS):

  • One-and-a-half bedrooms
  • Lounge
  • Fitted kitchen
  • Separate toilet
  • Separate bathroom
  • Open parking

 

Tenant-paid utilities:

Refuse, water and electricity billed as per usage — reducing landlord exposure.

 

 

PROPERTY FEATURES

 

 Face-brick construction — low maintenance

 Outside toilet

 Wide, quiet one-way street

 Half of the stand vacant at the back — ideal for future development or additional units (subject to approvals)

 Easy-to-manage scale — perfect for first-time block investors or portfolio expansion

LOCATION ADVANTAGE

 

Strategically positioned close to:

 

  • Public transport routes
  • Rosettenville Junction Mall
  • Schools & worship facilities
  • Takeaway restaurants & convenience shops
  • Wemmer Dam & Park (recreational facility)
  • Approximately 5 minutes’ drive to Johannesburg CBD

 

Strong rental demand driven by accessibility and central location.

 

 WHY THIS INVESTMENT MAKES SENSE

  • Affordable entry into block-of-flats ownership
  • Immediate rental income with upside to increase
  • Development potential on unused land
  • Low operating costs
  • Consistent tenant demand area
  • Solid long-term hold in a central suburb

 

A smart, scalable investment in a proven rental node.

 

Serious investors are encouraged to enquire early. 

DORICEL (PTY) LTD trading as REMAX Superior (Mulbarton) operates in terms of a franchise agreement with REMAX of Southern Africa.

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DORICEL (PTY) LTD trading as REMAX Superior (Mulbarton) operates in terms of a franchise agreement with REMAX of Southern Africa.