Commercial Property for Sale in Cloverdene

Unlock the potential of this fully tenanted, income-generating residential estate in the sought-after suburb of Cloverdene (registered as Van Ryn SH), Benoni. This rare and lucrative opportunity combines two adjacent properties, offering a total of 36 completed units, 20 approved development stands, and solid, scalable rental income. Beautifully landscaped gardens complement the driveways and communal spaces, with two entrances — a main access gate with guardhouse and access control, and a secondary service entrance for convenience. Property 1: Fully Tenanted Residential Complex | 25 Units Unit Breakdown: 13 × 3-Bedroom Units 7 × 2-Bedroom Units 5 × 1-Bedroom Units Features & Amenities: Communal swimming pool Secure premises with ample parking All units fitted with prepaid electricity meters Financials: Current Monthly Rental Income: R172,750 Scheduled Rental Increase: 5% (effective November 2025) Projected Monthly Income: R181,387.50 Projected Annual Income: R2,176,650 Property 2: Partially Developed Estate with Approved Expansion Plans Current Development: 11 Completed Units: 4 × 3-Bedroom Units 7 × 2-Bedroom Units Bonus: Block of 5 Flats (Bachelor, 1-Bedroom & 2-Bedroom) for rental diversity 20 Approved Residential Stands – Zoned and ready to expand the total unit count from 36 to 56 Approved recreational park area to enhance lifestyle and community appeal Infrastructure & Features: Prepaid electricity in all units Borehole water supply 6 × 10,000L backup water tanks Pet-friendly private gardens Covered patios with built-in braais Double carports per unit Gas stoves for energy efficiency Communal lapa, braai area & children’s playground 5 rentable storage garages Financials: Current Monthly Rental Income: R70,450 Projected Monthly Income (Nov 2025): R73,972.50 Projected Annual Income: R887,670 Combined Investment Summary Total Completed Units: 36 Total Approved Development Stands: 20 Combined Current Rental Income: R243,200 / month Projected Monthly Income (Nov 2025): R255,360 Projected Annual Income (Post-Increase): R3,064,320 All Units Fitted with Prepaid Electricity High Occupancy Rates and Strong Tenant Retention Security Features Fully walled perimeter with electric fencing Night-time security guard on-site Remote-controlled gate access for residents Burglar bars and security gates on all units Location Highlights Fast-growing suburb of Benoni Close to major transport routes (including N12), schools, shops & essential amenities Family-oriented community with lifestyle appeal Currently zoned Agricultural — rezoning to Residential expected within 2–3 months Don’t Miss This Opportunity A turnkey investment offering immediate rental returns with the added advantage of approved expansion potential. Whether you’re looking to scale your property portfolio or develop further for long-term capital growth, this property is a standout opportunity. Contact me today to arrange a private viewing. Opportunities like this are rare — act now!