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R 34 900 000

3 Bedroom Apartment / Flat for Sale in Auckland Park

Auckland Park, Johannesburg

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RETIREMENT

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Heritage Treasure for Sale: Fully Let Apartment Block with Exceptional Potential (31 units)

Discover an unparalleled investment opportunity in the heart of Auckland Park. Situated next to the historic Johannesburg Country Club, this stunning heritage site comprises an entire apartment block with 31 fully let apartments and an adjacent residential property included in the sale.

This remarkable property not only boasts immediate rental income but also offers incredible flexibility for redevelopment or sectional title sales, thanks to its existing subdivision.

Key Features:

• Prime Location: Adjacent to the original Johannesburg Country Club, offering prestige and excellent accessibility.

• Income-Generating Asset:

o 31 Fully Let Apartments averaging 92m² each.

o Rental Income Per Unit: Between R7,500 – R9,000 per month.

• Redevelopment Potential: Ideal for transformation into boutique retirement accommodation or other high-value uses, with opportunities to...

Bedrooms: 3

Bathrooms: 2

Garages: 10

Parking: 20

Study

Garden

Listing number: P24-115382228, Image number: 1

Listing number: P24-115382228, Image number: 2

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Listing number: P24-115382228, Image number: 4

Listing number: P24-115382228, Image number: 5

Listing number: P24-115382228, Image number: 6

Listing number: P24-115382228, Image number: 7

Listing number: P24-115382228, Image number: 8

Listing number: P24-115382228, Image number: 9

Property Overview

Listing Number

115382228

Type of Property

Apartment / Flat

Description

Multi Storey

Lifestyle

Retirement Living

Listing Date

06 January 2025

Zoning

General Residential

Rooms

Bedrooms

Bathrooms

Guest Toilet

Kitchen

Office

Domestic Rooms

Reception Rooms

Lounge

Family/TV Room

Entrance Hall

Rooms

Patio

External Features

Garage

Parking

Garden

Outbuilding

Other Features

Security

Totally Fenced, 24 Hour Access, Electric fencing

Special Feature

Balcony

Points of Interest

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