Exceptional Residential Development Investment – 20-Unit Complex for Sale
Riversdale | Meyerton | Gauteng
·Asking Price: R18 900 000
·Presenting an exceptional opportunity to acquire a fully developed residential townhouse complex in the highly sought-after suburb of Riversdale, one of Meyerton`s fastest-growing residential areas. Positioned within close proximity to the new Riverstone Mall, reputable schools, medical facilities, public transport routes, and major access roads, this development offers investors both immediate rental income and outstanding long-term capital appreciation.
1.Whether your investment strategy is to retain the entire development as a high-yield rental portfolio, or to establish the sectional title register and sell individual units at substantially
higher retail values, this property offers remarkable flexibility and exceptional profit potential.
2.Development Overview
3.The development consists of 20 modern sectional title units, thoughtfully designed to appeal to families, professionals, retirees and first-time homeowners.
4.Unit Breakdown
16 x Spacious Three-Bedroom Townhouses
Approximately 134m² each
3 Well-sized Bedrooms
2 Modern Bathrooms
Open-plan Lounge & Dining Area
Contemporary Kitchen
Double Automated Garage
Private Garden Area
Covered Entrance
Functional family layout
4 x Two-Bedroom Townhouses
Approximately 119m² each
2 Spacious Bedrooms
2 Bathrooms
Open-plan Living Areas
Modern Kitchen
Double Automated Garage
Private Garden
Ideal lock-up-and-go investment
Well Planned Estate Layout
The site layout has been professionally designed to maximise privacy, accessibility and functionality.
The development offers:
Wide internal paved roads providing comfortable vehicle movement throughout the complex.
Dedicated driveways to every individual unit.
Double garages for every residence.
Private garden spaces for each townhouse.
Visitor-friendly layout with generous turning circles.
Attractive spacing between units creating a less congested, premium residential environment.
Internal sewer infrastructure already incorporated into the development layout.
Controlled entrance and exit access.
Security infrastructure including armed response.
Unlike many higher-density townhouse developments, this estate has been carefully planned to create a comfortable living environment where each unit enjoys its own sense of space and independence.
Excellent Rental Income
The complex already demonstrates exceptional investment performance.
Current Gross Rental Income
R177,199.70 per month
(Water consumption and managing agent`s commission excluded.)
Operating Expenses
Midvaal Rates & Taxes: R6,811.18
Insurance: R2,706.22
Garden Services: R5,250.00
Armed Response Security: R5,800.00
Total Monthly Operating Expenses:
R20,567.40
Current Net Rental Income
Approximately R156,632.30 per month
This provides an investor with an established income-producing asset from day one while still leaving considerable room for rental escalation over time.
Outstanding Future Investment Potential
One of the most attractive aspects of this development is that the land surveyor`s plans have already been completed.
The Sectional Title Register has intentionally not yet been opened, providing the purchaser with valuable flexibility.
The new owner may choose to:
Continue operating the complex as a single high-income rental investment.
Open the sectional title register.
Sell individual units over time.
Retain selected units for rental income while selling others to release capital.
Create a balanced investment strategy combining rental yield with profitable individual sales.
This dual-income opportunity significantly enhances the long-term investment value of the property.
Prime Riversdale Location
Location remains one of the strongest drivers of property appreciation, and this development enjoys an excellent position within Riversdale.
Nearby amenities include:
Riverstone Mall
Schools
Medical clinics
Shopping centres
Public transport
Easy access to major routes
Meyerton CBD within minutes
Riversdale continues to experience strong residential demand due to its convenient location, family-friendly atmosphere and ongoing development, making quality townhouses particularly desirable among both tenants and homeowners.
Why This Development Stands Out
- Fully developed 20-unit residential complex
- Excellent monthly rental income
- Strong net monthly cash flow
- Low operating expenses relative to income
- Spacious modern townhouse designs
- Every unit includes a double garage
- Private gardens
- Secure estate layout
- Surveyor`s plans completed
- Future sectional title opportunity
- Immediate income with future capital growth potential
- Located in one of Meyerton`s most sought-after residential areas
An Investment with Multiple Exit Strategies
Few developments offer the versatility found here. An investor may continue enjoying consistent monthly rental income while benefiting from future rental escalations, or unlock significant additional value by opening the sectional title register and marketing each townhouse individually as demand continues to grow.
This is not merely the purchase of a residential complex—it is the acquisition of a strategic investment with multiple avenues for wealth creation, combining reliable passive income, long-term capital appreciation, and the opportunity to realise substantial profits through future sectional title sales.
Asking Price: R18 900 000
This is a rare opportunity to secure a premium residential investment in one of Riversdale`s most desirable locations, offering both immediate returns and exceptional future growth potential.
Secure your future today and transform your vision into reality.
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