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R7,000,000
R7,000,000
Lucrative Investment Opportunity: Fully Tenanted Block of Flats with 15 Apartment
Introduction:
Are you seeking a high-yield investment in the real estate market?
Look no further! We present an exceptional opportunity to acquire a fully tenanted block of flats comprising 15 apartments.
This well-maintained property offers ideal student accommodation, each unit featuring 2 bedrooms, one bathroom, and an open-plan kitchen.
With a convenient carport situated underneath the building, this investment is not only financially rewarding but also hassle-free for both investors and tenants.
Property Details:
1. Spacious Apartments:
Each of the 15 apartments boasts two generous bedrooms, providing comfortable living spaces for tenants.
The open-plan kitchen design enhances the overall living experience, fostering a sense of community within the complex.
A well-appointed bathroom in each unit ensures convenience and privacy for residents.
2. Prime Location for Students:
Strategically located near educational institutions, this block of flats is ideal for students, ensuring a consistent tenant demand.
Proximity to universities, colleges, and schools makes it a preferred choice for students seeking convenient accommodation.
3. Income Potential:
This property is fully tenanted, guaranteeing a stable rental income from day one.
The high demand for student housing in the area translates into an excellent return on investment, making it a lucrative source of rental income.
4. Parking Convenience:
A key feature of this property is the presence of a dedicated carport area underneath the building, offering tenants secure parking spaces.
Ample parking enhances tenant satisfaction and property value.
5. Investment Opportunity:
This block of flats is offered as a whole, providing investors with an attractive opportunity to diversify their real estate portfolio.
With a track record of reliable rental income, this investment is a secure and promising addition to your property portfolio.
Conclusion:
In the competitive real estate market, this fully tenanted block of flats with 15 apartments represents an excellent opportunity for investors seeking a hassle-free, income-generating asset.
The property's strategic location, student-friendly design, and consistent rental income make it a standout choice.
Don't miss out on this chance to acquire a property that promises both immediate returns and long-term growth.
Contact us today to seize this lucrative investment opportunity and secure your financial future.
Features
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
1,065m²
Land Size
2,558m²
Extras
Bath Toiletand Basin • Built in Wardrobes • Carport • Open Plan Kitchen • ResidentialPretoria North, Pretoria
With the lilac splendour of Jacarandas as its trademark, Pretoria is located in the northern part of Gauteng Province and is the national administrative capital of South Africa, hosting the foreign embassies and diplomatic missions.
It's here where colourful people from all over gather; where bustling trade and scintillating nightlife is offset by the tranquillity of nature reserves. It's...
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Disclaimer: While every representation will be made by Lew Geffen Sotheby's International Realty to ensure that the information contained within the website is accurate and up to date, 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.
