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R 20 000 000

Commercial Property for Sale in Primrose Hill

27_b Abelia Road, Primrose Hill, Germiston

Floor Size 3144 m² Erf Size 3 557 m²
Residential Complex for Sale in Primrose Hill at R20,000,000.00
Investment Opportunity: Residential Complex for Sale in Primrose Hill
This unique residential complex comprises four individual blocks, three of which are three stories high, with lock-up garages situated on the ground floor of each block. The property includes 40 sectional title flats, predominantly featuring two bedrooms, a bathroom, a kitchen, and a lounge, with unit sizes ranging from 58 to 90 sqm. Each unit is equipped with prepaid meters, offering added convenience for tenants and easy management for owners.

Boasting a 98% occupancy rate, this property represents an attractive investment opportunity for those seeking a consistent income stream. The seller prefers to sell the entire complex as a single entity rather than individual units. Situated in Primrose Hill, the complex Read more...
Listing Number
115370490
Type of Property
Commercial Property
Street Address
27_B Abelia Road, Primrose Hill
List Date
30 December 2024
Erf Size
3 557 m²
Floor Area
3 144 m²
Rates and Taxes
R 10 240

Education

Primrose Hill Primary School
0.24km
Hoërskool Primrose
0.76km
Bedfordview Primary School
1.35km
Hoërskool Vryburger High School
1.39km
Leeuhof Akademie
1.47km
Bedfordview High School
1.54km
Primrose Primary School
1.82km
Wychwood Primary School
1.85km
Bishop Bavin School-St George'S
1.85km
Dawnview High School
1.87km
St Benedict'S College
2.20km
Assumption Convent
2.22km
Laerskool Die President
2.55km
Reddam House Private School
2.66km
Bedfordview Christian College
2.84km
Kensington Ridge Primary School
2.88km
Sa International College Of Education
2.89km

Food and Entertainment

Various Restaurants
1.97km
Various restaurants
2.84km
Various restaurants
2.88km

Sports and Leisure

Bill Stewart Nature Reserve
1.66km
Nu Metro
2.07km
Eastgate Ster Kinekor
2.97km

Transport and Public Services

Volle Evangelie
0.66km
Methodist Church
1.37km
Police Station
1.46km
Geldenhuis
2.10km
Driehoek
2.56km
President
2.81km
Italian club parking
2.97km

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Dion van Aardt

Contact Agent

By continuing I understand and agree with Property24's Terms & Conditions and Privacy Policy.
Rawson Properties JHB Commercial

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Dion van Aardt

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