288 m² Commercial space in La Rochelle

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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 SNAPSHOTPrice: 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 carsUNIT CONFIGURATION EACH UNIT OFFERS:One-and-a-half bedrooms- Lounge- Fitted kitchen- Separate toilet- Separate bathroom- Open parkingTenant-paid utilities:Refuse, water and electricity billed as per usage - reducing landlord exposure.PROPERTY FEATURESFace-brick construction - low maintenanceOutside toiletWide, quiet one-way streetHalf of the stand vacant at the back - ideal for future development or additional units subject to approvalsEasy-to-manage scale - perfect for first-time block investors or portfolio expansionLOCATION ADVANTAGEStrategically positioned close to:Public transport routes- Rosettenville Junction Mall- Schools &amp worship facilities- Takeaway restaurants &amp convenience shops- Wemmer Dam &amp Park recreational facility- Approximately 5 minutes'' drive to Johannesburg CBDStrong rental demand driven by accessibility and central location.WHY THIS INVESTMENT MAKES SENSEAffordable 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 suburbA 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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