R 3,600,000Dual-Income Investment Opportunity in LakefieldBenoni, Lakefield
4 3 4 N/A 1,000 m²
Secure an income-generating property that delivers exceptional value from day one. Situated in one of Lakefield's most sought-after neighbourhoods, this outstanding investment comprises two fully tenanted apartments on approximately 1,000 m², each generating R20,000 per month, for a combined rental income of R40,000 per month.
At the asking price, the property offers an impressive gross rental yield of approximately 13.3%, making it an excellent addition to any investment portfolio.
Apartment 66A – Ground Floor
3 spacious bedrooms
2 bathrooms (main en-suite)
Modern open-plan kitchen, dining and TV room
Large private lounge
Storeroom
Private garden
Secure gated parking
Apartment 66B – First Floor
4 spacious bedrooms
3 bathrooms (2 en-suite)
Open-plan kitchen and dining area
TV room
Large private lounge
Spacious backyard
Staff accommodation
Storeroom
Secure gated parking
Designed for effortless property management, each apartment features:
Its own private entrance gate
Separate prepaid electricity meter
Individual water meter
Reliable utilities further enhance the property's appeal, with a borehole supplying filtered water to both homes, supported by a 10,000-litre backup water storage system. Fibre connectivity is already installed, and both apartments are pet friendly, adding significant appeal to long-term tenants.
Prime Lakefield Location
This property enjoys easy access to Benoni's most popular amenities, including the Benoni Country Club, Korsman Bird Sanctuary, Lakeside Mall, excellent schools, shopping centres, and the N12 and R21 highways for quick travel to Johannesburg and OR Tambo International Airport.
This is a location where tenants love to stay, ensuring consistent demand and excellent long-term investment potential.
The property is being sold as one full-title property, subject to registration of the approved subdivision currently in progress.
Approved building plans, floor sizes, lease agreements, and a detailed rental income schedule are available to qualified buyers upon request.
Property Features
Combined rental income: R40,000 per month
Two fully tenanted apartments
Approximately 1,000 m² stand
Secure neighbourhood
High perimeter walls with private gated access for each unit
Separate prepaid electricity meters
Individual water meters
Borehole with filtered water supply
10,000-litre backup water storage system
Fibre-ready
Pet friendly
Approved plans and floor sizes available on request
An exceptional opportunity to acquire a high-performing investment property with immediate rental income, quality infrastructure, and excellent long-term growth potential.
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Garden
Security
Patio
Borehole
Listing Number
7617238
Type of Property
House ( Full Free Title)
Listing Date
21 Jul 2026
Erf Size
1,000 m²
Rates and Taxes
R2726
Furnished
No
Bedrooms
4
Bathrooms
3
Dining Room
1
Family T V Room
1
Kitchen
1
Livingroom
1
Entrance Hall
1
Garage
4
Parking
0
Storeroom
Electric Gate
Perimeter Wall
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Scan here!To start your bond pre-qualification process
*Disclaimer: Please note that by default this calculator uses the prime interest rate for bond payment calculations. This is purely for convenience and not an indication of the interest rate that might be offered to you by a bank. This calculator is intended to provide estimates based on the indicated amounts, rates and fees. Whilst we make every effort to ensure the accuracy of these calculations, we cannot be held liable for inaccuracies. PlusGroup does not accept liability for any damages arising from the use of this calculator.