This expansive block of flats, spanning 3,144 sqm, offers a lucrative investment opportunity with a well-structured layout across four blocks. The property comprises a total of 40 units, featuring both one-bedroom and two-bedroom apartments. Each unit is designed for modern living with practical amenities and conveniences.
Unit Breakdown:
9 x One-Bedroom Units: Each unit includes built-in cupboards (BIC), tiled floors, a well-appointed kitchen with BIC, and a bathroom. These units come with the option of a lock-up garage and access to open parking.
31 x Two-Bedroom Units: These spacious units feature an open-plan lounge and dining area, a kitchen with BIC, a bathroom (bath and toilet), a separate toilet, and two bedrooms with BIC. Each unit also boasts a balcony and is neatly
tiled throughout.
The property includes 53 lock-up garages, one of which is designated for bin storage and equipped with a contractor’s toilet. Additional open parking is available, both on a paid basis. The property is secured with remote-controlled gates, ensuring the safety and privacy of tenants. Each unit has prepaid electricity meters, and water is billed at R380 per month per unit.The property is equipped with fiber internet infrastructure, allowing tenants to set up their own subscriptions.
Additional Amenities
Washing lines are provided for tenant use. A dedicated gardener resides on the property, responsible for daily maintenance, painting, and cleaning. Fire extinguishers are strategically placed for safety. Two solar lights have been installed to mitigate the impact of load-shedding.
This block of flats is a well-maintained, secure property with modern conveniences, making it an attractive option for tenants. The inclusion of essential services such as prepaid electricity, water, and internet readiness, coupled with robust security features and convenient amenities, positions this property as a prime investment opportunity in the residential rental market.
For more details or to schedule a viewing, please contact our agents today!
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