R6,500,000
R6,500,000
Monthly Bond Repayment R68,201.64
Calculated over 20 years at 11.25% with no deposit.
Change Assumptions
R1,020
37 Bedroom Apartment Block For Sale in Mamelodi East
Inviting serious buyers to view and negotiate an Investment Opportunity of 37-Unit Apartment/Flat with Comprehensive Amenities
This prime investment property consists of a well-maintained 37-unit apartment complex, fully tenanted and generating consistent rental income. The property offers a blend of desirable features and strategic amenities, providing long-term income potential and strong tenant retention.
Property Features:
• 37 Fully Tenanted Apartments: The complex is fully occupied with reliable tenants, ensuring immediate and steady cash
flow from rental income.
• 17 Parking Spaces: Ample parking is provided with 17 dedicated spaces, offering convenience for tenants and enhancing the
appeal of the property.
• Security-Focused Environment: The property is securely enclosed with a perimeter fence and features an electric gate,
ensuring safety and privacy for all residents.
• Shared Amenities: Tenants enjoy access to a well-maintained communal braai area, perfect for socializing and
enhancing the overall living experience. Additionally, the complex includes on-site laundry rooms, further increasing tenant
satisfaction and convenience.
• Prime Location: Situated in a sought-after area with easy access to public transportation, retail outlets, and essential
services, the property attracts long-term, reliable tenants.
Rental Income of R74 000 monthly.
Fully tenanted units, secure and desirable amenities, and a prime location, this 37-unit apartment complex offers a solid opportunity for stable returns. The combination of rental income, high tenant demand, and low operational risk makes this an attractive option for both seasoned investors and those looking to enter the property market.
This investment opportunity offers not only immediate income but also the potential for long-term capital growth. The comprehensive security measures, ample parking, and resident-friendly amenities further add value to the property, ensuring it remains a competitive asset in the rental market.
Features
Interior
Exterior
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Disclaimer: While every effort will be made to ensure that the information contained within the Only Realty website is accurate and up to date, Only Realty 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.
