Block with 20 Flats with Stable Rental Income
Block with 20 Flats in Established Residential Investment with Stable Rental Income
An outstanding opportunity to acquire a well-established residential apartment block offering consistent rental income in a strategic location. This income-producing investment comprises 20 residential units and presents an ideal addition to any property investment portfolio.
Constructed in low-maintenance face brick, the property offers long-term durability with manageable maintenance requirements. Access is controlled via fingerprint entry for residents and remote-controlled vehicle access, enhancing security and convenience.
The block of flats comprises of:
* 18 × Two-bedroom apartments
* 2 × One-bedroom apartments
* Open parking bays with additional rental income
* Secure fingerprint pedestrian access
* Remote-controlled vehicle entrance
The apartments offer spacious, practical layouts with standard, functional finishes that continue to attract and retain tenants. The property currently generates a stable rental income, making it an attractive proposition for investors seeking reliable monthly returns.
Set on a 991 m² stand, this established apartment block enjoys excellent accessibility and is well positioned close to schools, shopping facilities, public transport and other essential amenities.
Investment Highlights:
* Established income-producing asset
* 20 residential units
* Stable rental income
* Business 1 zoning
* Low-maintenance face brick construction
* Secure access control
* Additional parking income
* Well-positioned investment opportunity
Asking Price: R4 500 000
This is a rare opportunity to secure a well-established residential investment offering immediate income together with long-term investment security.
Contact us today for a confidential discussion or to arrange a private viewing.
An outstanding opportunity to acquire a well-established residential apartment block offering consistent rental income in a strategic location. This income-producing investment comprises 20 residential units and presents an ideal addition to any property investment portfolio.
Constructed in low-maintenance face brick, the property offers long-term durability with manageable maintenance requirements. Access is controlled via fingerprint entry for residents and remote-controlled vehicle access, enhancing security and convenience.
The block of flats comprises of:
* 18 × Two-bedroom apartments
* 2 × One-bedroom apartments
* Open parking bays with additional rental income
* Secure fingerprint pedestrian access
* Remote-controlled vehicle entrance
The apartments offer spacious, practical layouts with standard, functional finishes that continue to attract and retain tenants. The property currently generates a stable rental income, making it an attractive proposition for investors seeking reliable monthly returns.
Set on a 991 m² stand, this established apartment block enjoys excellent accessibility and is well positioned close to schools, shopping facilities, public transport and other essential amenities.
Investment Highlights:
* Established income-producing asset
* 20 residential units
* Stable rental income
* Business 1 zoning
* Low-maintenance face brick construction
* Secure access control
* Additional parking income
* Well-positioned investment opportunity
Asking Price: R4 500 000
This is a rare opportunity to secure a well-established residential investment offering immediate income together with long-term investment security.
Contact us today for a confidential discussion or to arrange a private viewing.
Features
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Exterior
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Listing Info
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Monica Van Tonder
Principal
Ronnie Mkandla
Sales Associate
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.
