14 Bedroom Simplex in Chartwell

A rare opportunity to acquire a fully tenanted mini complex in one of Chartwell's most sought-after pockets — generating strong rental income from day one with minimal operating costs.
This well-positioned investment comprises six individual rental units, all currently let, sitting on a generous 8 500m² stand that straddles two roads for excellent access and versatility.
What makes this property work as an investment is straightforward. All six units are occupied and producing a combined monthly rental income of R51 000, with pre-paid water and electricity meaning utility costs fall on tenants rather than the owner. The dual road access across the 8 500m² stand also offers long-term development optionality that few comparable properties can match.
Location is a key driver of rental demand here. Chartwell puts tenants within easy reach of private schooling options including Heronbridge College, with Fourways High School also close by. Retail is well covered between Broadacres Spar for daily needs and Fourways Mall for everything else. Lanseria International Airport is a five-minute drive — a significant drawcard for business travellers and frequent flyers that keeps vacancy risk low.
Six fully let units generating R51 000 per month, pre-paid utilities, 8 500m² with dual road frontage, and a location that tenants actively seek out. Full property portfolio and financials are available on request.