R 750 000

Apartment / Flat for Sale in Maboneng

Maboneng, Johannesburg

2
132 m²

Penthouse Investment Opportunity in Main Street Life, Maboneng – High Rental Yield Potential

Investors, don't miss out on this exceptional opportunity! Situated in the trendy Main Street Life building in Maboneng, this spacious 132m² open-plan penthouse offers incredible potential for rental income. With the owner emigrating and highly motivated to sell, this is a rare chance to acquire a prime piece of real estate at a competitive price.

Key Features:

- 132m² of Open-Plan Space: The expansive layout allows for easy partitioning into multiple rental units, ideal for accommodating young professionals or students from the nearby University of Johannesburg (UJ). Maximize your rental income potential by converting the space to suit the demands of the market.

- Prime Location in Maboneng: The penthouse is located in the heart of Johannesburg’s cultural and creative hub. Maboneng’s vibrant atmosphere, combined with its proximity to UJ, makes it a highly...

Investors, don't miss out on this exceptional opportunity! Situated in the trendy Main Street Life building in Maboneng, this spacious 132m² open-plan penthouse offers incredible potential for rental income. With the owner emigrating and highly motivated to sell, this is a rare chance to acquire a prime piece of real estate at a competitive price.

Key Features:

- 132m² of Open-Plan Space: The expansive layout allows for easy partitioning into multiple rental units, ideal for accommodating young professionals or students from the nearby University of Johannesburg (UJ). Maximize your rental income potential by converting the space to suit the demands of the market.

- Prime Location in Maboneng: The penthouse is located in the heart of Johannesburg’s cultural and creative hub. Maboneng’s vibrant atmosphere, combined with its proximity to UJ, makes it a highly desirable rental location for students and young urbanites alike.

- Strong Rental Demand: With the ability to partition the space, investors can capitalize on the high demand for affordable, modern rentals in the area. The flexible layout provides opportunities to significantly increase rental returns by attracting multiple tenants.

- Modern Amenities: Main Street Life offers a range of amenities, including 24/7 security, secure parking, and communal areas, adding value for prospective tenants.

- Panoramic City Views: This penthouse boasts stunning views of Johannesburg’s skyline, a unique selling point that will attract renters seeking urban luxury.

Given the owner’s urgent need to sell, this property is priced to move. This is an ideal opportunity for an investor to capitalize on the thriving rental market in Maboneng. This property offers immense potential to generate substantial returns with the right strategy in place.

Contact us to schedule a viewing appointment.

Bathrooms: 2

No Pets Allowed

Fibre Internet

Listing number: P24-114852277, Image number: 1

Listing number: P24-114852277, Image number: 2

Listing number: P24-114852277, Image number: 3

Listing number: P24-114852277, Image number: 4

Listing number: P24-114852277, Image number: 5

Listing number: P24-114852277, Image number: 6

Listing number: P24-114852277, Image number: 7

Listing number: P24-114852277, Image number: 8

Property Overview

Listing Number

114852277

Type of Property

Apartment / Flat

Listing Date

27 August 2024

Erf Size

2 478 m²

Floor Size

132 m²

Price per m²

R 5 682

Levies

R 4 637

Rates and Taxes

R 1 148

Pets Allowed

No

Coverage

5 %

Rooms

Bathrooms

2

Shower, Toilet and Basin

Kitchen

Open Plan

Other Features

Internet Access

Fibre

Points of Interest

Bond Calculator

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