Established Apartment Block | 18 Residential Units
18-Unit Residential Investment Opportunity
Established Apartment Block | 18 Residential Units
An exceptional opportunity to acquire an established residential investment property comprising 18 apartments, ideally suited to investors looking to expand their property portfolio with a substantial income-producing asset.
The property offers a practical mix of residential units together with five lock-up garages and additional parking, providing further potential for rental income. Constructed in durable face brick, the building offers a low-maintenance exterior and a solid long-term investment proposition.
Property Accommodation:
12 × Two-bedroom apartments
6 × One-bedroom apartments
5 × Lock-up garages
12 Open parking
Secure controlled fingerprint access
Practical, functional apartment layouts
* Business 1 zoning
* Stand size: 989 m²
* Building size: 1 220 m²
The apartments are designed around practical living, with layouts that appeal to the rental market.
The combination of multiple residential units, garages and parking creates a diversified rental opportunity within one established property.
Whether you are an experienced property investor looking to expand your portfolio or seeking a substantial multi-unit investment, this property offers an excellent opportunity to acquire a well-established residential asset with multiple income streams and future growth potential.
Asking Price: R3 990 000
Opportunities of this nature are seldom available. Contact us today for more information or to arrange a private viewing.
Established Apartment Block | 18 Residential Units
An exceptional opportunity to acquire an established residential investment property comprising 18 apartments, ideally suited to investors looking to expand their property portfolio with a substantial income-producing asset.
The property offers a practical mix of residential units together with five lock-up garages and additional parking, providing further potential for rental income. Constructed in durable face brick, the building offers a low-maintenance exterior and a solid long-term investment proposition.
Property Accommodation:
12 × Two-bedroom apartments
6 × One-bedroom apartments
5 × Lock-up garages
12 Open parking
Secure controlled fingerprint access
Practical, functional apartment layouts
* Business 1 zoning
* Stand size: 989 m²
* Building size: 1 220 m²
The apartments are designed around practical living, with layouts that appeal to the rental market.
The combination of multiple residential units, garages and parking creates a diversified rental opportunity within one established property.
Whether you are an experienced property investor looking to expand your portfolio or seeking a substantial multi-unit investment, this property offers an excellent opportunity to acquire a well-established residential asset with multiple income streams and future growth potential.
Asking Price: R3 990 000
Opportunities of this nature are seldom available. Contact us today for more information or to arrange a private viewing.
Features
Zoning
Sizes
Parking Bays
Listing Info
Print
Monica Van Tonder
Principal
Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
Disclaimer
While every effort will be made to ensure that the information contained within the Chas Everitt website is accurate and up to date, Chas Everitt makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
