3 Storey apartment block with 35 sectional title flats (1,5 or 2-bedroom, 1 bathroom units), ranging from 62-85m2 for sale as a whole. Each unit has its own covered parking.
With a 100% occupancy rate and low tenant turnover, it currently generates a monthly income of R130k. Refurbished, this could easily exceed R200k per month.
The apartment block is situated in the Northern suburbs of Pretoria, close to amenities such as shops, access routes and Universities such as TUT, Onderstepoort and Sefako Makgatho Health Sciences University (formerly Medunsa).
It further boasts storage rooms, staff quarters, braai facilities, security cameras, automatic gates, lovely gardens and an office (for a caretaker).
Contact me for further information &/ a viewing appointment.
- Property Type Apartment
- Beds 56
- Bath 35
- Carports 35
- Building Size 4,000m²
- Stand Size 3,012m²
- Living Area 35
- Staff Quarters 1
- Rates & Taxes ± 5490