R6,845,000
Monthly Bond Repayment R72,997.10
Calculated over 20 years at 11.5% with no deposit.
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Monthly Rates
R9,000
R9,000
Exceptional Investment: Prime Apartment Complex with High Rental Yield
Presenting an outstanding investment prospect – a commercial property showcasing a superb apartment complex available for purchase. This complex comprises a total of 13 apartments, each featuring contemporary living spaces and promising lucrative rental opportunities.
Among the 13 apartments, eleven are expansive 2-bedroom duplex units, offering an impressive 120 m² of space. These duplexes boast a well-thought-out layout, encompassing an open-plan lounge, kitchen, and a convenient guest toilet on the ground floor. Moving to the upper level, two generously sized bedrooms and a bathroom create comfortable and private living quarters for residents.
Additionally, there is a luxurious 3-bedroom penthouse apartment spanning 180 m². This penthouse exhibits a refined design, including a lounge, kitchen, study, bedroom, and bathroom on the lower level. Upstairs, additional bedrooms and a bathroom complete this exquisite living arrangement.
The complex also features a charming one-bedroom apartment with a lounge, kitchen, bedroom, and bathroom. With its own front yard, this apartment provides a sense of privacy and a delightful outdoor space spanning 60 m², offering a cozy and comfortable living option.
Each apartment in the complex is equipped with its own prepaid electricity meter and water meter, facilitating easy and personalized utility management. For added convenience, every unit comes with a single-car garage and carport, ensuring ample parking space for residents and their vehicles.
This remarkable apartment complex generates a net combined rental income of R65,000 per month, making it an enticing investment opportunity. Whether you're seeking to diversify your property portfolio or capitalize on the rental market, this property promises a reliable income stream.
Don't overlook the opportunity to acquire this lucrative apartment complex with its diverse range of units and excellent rental potential. With its convenient amenities, contemporary design, and consistent rental income, this commercial property stands out as a compelling investment option. Secure your future with this exceptional opportunity today.
Among the 13 apartments, eleven are expansive 2-bedroom duplex units, offering an impressive 120 m² of space. These duplexes boast a well-thought-out layout, encompassing an open-plan lounge, kitchen, and a convenient guest toilet on the ground floor. Moving to the upper level, two generously sized bedrooms and a bathroom create comfortable and private living quarters for residents.
Additionally, there is a luxurious 3-bedroom penthouse apartment spanning 180 m². This penthouse exhibits a refined design, including a lounge, kitchen, study, bedroom, and bathroom on the lower level. Upstairs, additional bedrooms and a bathroom complete this exquisite living arrangement.
The complex also features a charming one-bedroom apartment with a lounge, kitchen, bedroom, and bathroom. With its own front yard, this apartment provides a sense of privacy and a delightful outdoor space spanning 60 m², offering a cozy and comfortable living option.
Each apartment in the complex is equipped with its own prepaid electricity meter and water meter, facilitating easy and personalized utility management. For added convenience, every unit comes with a single-car garage and carport, ensuring ample parking space for residents and their vehicles.
This remarkable apartment complex generates a net combined rental income of R65,000 per month, making it an enticing investment opportunity. Whether you're seeking to diversify your property portfolio or capitalize on the rental market, this property promises a reliable income stream.
Don't overlook the opportunity to acquire this lucrative apartment complex with its diverse range of units and excellent rental potential. With its convenient amenities, contemporary design, and consistent rental income, this commercial property stands out as a compelling investment option. Secure your future with this exceptional opportunity today.
Features
Pets Allowed
No
Interior
Bedrooms
26
Bathrooms
25
Kitchen
13
Reception Rooms
13
Study
1
Furnished
No
Exterior
Garages
24
Security
No
Parkings
30
Pool
No
Sizes
Floor Size
1,917m²
Land Size
4,142m²
Downloads
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Dieter van Rensburg
Principal Registered with PPRA(FFC 2023739068) Show number View my listings WhatsApp