Please note that you are using an outdated browser which is not compatible with some elements of the site. We strongly urge you to update to Edge for an optimal browsing experience.
R 8 500 000

17 Bedroom Apartment / Flat for Sale in Benoni Central

  • Bedrooms 17
  • Bathrooms 17
  • Garages 13
  • Floor Size 3 569 m²
For Sale: Prime Investment Opportunity – 17-Apartment Block with Incredible Potential

We are excited to present this outstanding investment opportunity – a well-maintained, apartment block consisting of 17 units, situated in a prime location with excellent potential for growth.

The block features a mix of 16 bachelor apartments and 1 two-bedroom apartment, providing both affordable living options and the opportunity for increased rental returns.

Key Features:

17 Units in total, currently undergoing complete interior renovations, ensuring modern finishes and upgraded living spaces for tenants.

A combination of bachelor apartments and a spacious 2-bedroom apartment, catering to a wide range of tenants.

14 Garages available on-site, offering secure parking for tenants and additional revenue potential.

Staff Accommodation provided, making it an ideal setup for live-in maintenance or on-site staff.

All apartments are fitted with prepaid...

We are excited to present this outstanding investment opportunity – a well-maintained, apartment block consisting of 17 units, situated in a prime location with excellent potential for growth.

The block features a mix of 16 bachelor apartments and 1 two-bedroom apartment, providing both affordable living options and the opportunity for increased rental returns.

Key Features:

17 Units in total, currently undergoing complete interior renovations, ensuring modern finishes and upgraded living spaces for tenants.

A combination of bachelor apartments and a spacious 2-bedroom apartment, catering to a wide range of tenants.

14 Garages available on-site, offering secure parking for tenants and additional revenue potential.

Staff Accommodation provided, making it an ideal setup for live-in maintenance or on-site staff.

All apartments are fitted with prepaid water and prepaid electricity, providing greater control over utilities and reducing management headaches.

The building’s exterior roofs have just been replaced, ensuring minimal maintenance costs for years to come.

Enormous Potential for Growth:

The property boasts ample space for further development, with plenty of room to build additional units or explore further expansion.

Whether you’re looking to increase your rental income, convert part of the space for commercial use, or capitalize on the area’s demand for housing, the opportunities are endless.

Why Invest:

Fully Renovated Interiors: Freshly upgraded units provide a clean, modern living environment.

Location: Situated in a desirable area with access to schools, public transport, shops, and amenities.

Strong Rental Demand: The layout of bachelor apartments ensures consistent demand for affordable living, while the large 2-bedroom unit appeals to small families or professionals.

Secure Parking: 14 garages on-site offer added value to tenants and provide an additional income stream.

Prepaid Utilities: Both water and electricity are prepaid, ensuring an easy-to-manage, low-maintenance operation.

This is a rare opportunity to acquire a well-located, fully-renovated property with substantial room for growth and future expansion.

Don’t miss out on this high-potential investment – contact us today to schedule a viewing!

Bedrooms Bedrooms: 17
Bathrooms Bathrooms: 17
Garages Garages: 13
No Pets Allowed No Pets Allowed
Listing number: P24-115172485, Image number: 1
Listing number: P24-115172485, Image number: 2
Listing number: P24-115172485, Image number: 3
Listing number: P24-115172485, Image number: 4
Listing number: P24-115172485, Image number: 5
Listing number: P24-115172485, Image number: 6
Listing number: P24-115172485, Image number: 7
Listing number: P24-115172485, Image number: 8
Listing number: P24-115172485, Image number: 9
Property Overview
Listing Number
115172485
Type of Property
Apartment / Flat
Listing Date
05 November 2024
Erf Size
3 569 m²
Floor Size
3569 m²
Price per m²
R 2 382
Pets Allowed
No
Bedrooms
17
Bathrooms
17
Kitchens
17
Garage
13
Loading Loading

Bond Calculator

R
R
%
years
Monthly Repayment:
Total Once-off Costs:
Min Gross Monthly Income:
*Disclaimer: Please note that by default this calculator uses the prime interest rate for bond payment calculations. This is purely for convenience and not an indication of the interest rate that might be offered to you by a bank. This calculator is intended to provide estimates based on the indicated amounts, rates and fees. Whilst we make every effort to ensure the accuracy of these calculations, we cannot be held liable for inaccuracies. Property24 does not accept liability for any damages arising from the use of this calculator.
Loading Loading

Contact Agents

(* Please enter phone number so the agent can contact you.)
By continuing I understand and agree with Property24’s
Terms & Conditions and Privacy Policy.

Contact Agents

(* Please enter phone number so the agent can contact you.)
By continuing I understand and agree with
Property24's Terms & Conditions and Privacy Policy.

Share

PrintPrint
Brochure
Loading