This well-maintained 30 bedroom apartment building in the heart of Kuilsriver offers a lucrative investment opportunity with an excellent return. Currently generating a rental income of R85,000 per month, this property is fully tenanted with no vacancies, ensuring a steady and reliable income stream. Electricity and water is prepaid per unit.
The building features ten spacious 90m² apartments, each designed for comfortable living with three bedrooms and 2.5 bathrooms. The apartments are perfect for families or individuals seeking ample space, modern amenities, and a convenient location.
This property is positioned in a desirable part of Kuilsriver, making it an attractive option for tenants and ensuring high occupancy rates. The building has not yet been sectionalised, providing
flexibility and potential for future development or sales.
Don’t miss out on this outstanding investment opportunity in Kuilsriver. Contact us today to arrange a viewing or to find out more details about this fully tenanted residential block with great earning potential!
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