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 1 499 999

12 Bedroom Apartment / Flat for Sale in Malvern East

Malvern East, Germiston

Contact agent for street address

Contact Agent

Dian Naidoo

Show Contact Number

Prime Multi-Tenanted Apartment Block in Johannesburg

An exceptional investment opportunity awaits with this multi-tenanted apartment block located in the bustling heart of Johannesburg. This property offers a diverse mix of units, catering to a variety of tenants and ensuring a steady income stream. Perfectly positioned in a high-demand rental area, this block of apartments is an excellent addition to any property portfolio.

Property Highlights:

Strategic Location: Nestled in a vibrant neighborhood of Johannesburg, this apartment block is close to major business hubs, educational institutions, shopping centers, and public transport routes. The convenient location guarantees high occupancy rates and strong rental demand.

Diverse Unit Mix: The property features a well-balanced mix of studio, one-bedroom, and two-bedroom apartments. Each unit is designed to maximize...

Prime Multi-Tenanted Apartment Block in Johannesburg

Property Highlights:

Diverse Unit Mix: The property features a well-balanced mix of studio, one-bedroom, and two-bedroom apartments. Each unit is designed to maximize space and functionality, appealing to a wide range of tenants, from young professionals to small families.

High Occupancy Rates: Due to its prime location, the property boasts high occupancy rates. The well-maintained apartments and excellent management contribute to tenant satisfaction and retention.

Income Potential: With a mix of long-term and short-term leases, this multi-tenanted block ensures a stable and robust income stream. The diverse unit mix allows for flexibility in rental strategies, catering to market demands and optimizing returns. The property has the potential monthly income of R30,000 when fully let out.

Quality Construction: The building is constructed with durable, high-quality materials, ensuring low maintenance costs and long-term structural integrity. The design and thoughtful layout of each unit provide comfort and convenience for tenants.

Investment Appeal: This property represents an attractive investment with its combination of location, and strong rental performance. The Johannesburg rental market continues to show resilience and growth, making this a strategic addition to any portfolio.

Management Efficiency: Professional property management is in place, ensuring smooth operations, timely maintenance, and effective tenant relations. This provides peace of mind to the owner and enhances the overall investment experience.

Prepaid water and electricity.

Detailed Features:

Security: The property is secured with perimeter fencing and access-controlled entry points, ensuring the safety and peace of mind of all residents.

Parking: Secure, on-site parking is available for residents, with additional visitor parking spaces.

Don't miss out on this prime investment opportunity in Johannesburg. With its strategic location, diverse unit mix, and excellent management, this multi-tenanted apartment block offers both immediate rental income and long-term capital growth. For more information or to schedule a viewing, contact us today and take the first step towards securing this valuable asset for your portfolio.

Bedrooms: 12

Bathrooms: 5

No Pets Allowed

Flatlet

Listing number: P24-114494802, Image number: 1, Image

Listing number: P24-114494802, Image number: 2, Image

Listing number: P24-114494802, Image number: 3, Image

Listing number: P24-114494802, Image number: 4, Image

Listing number: P24-114494802, Image number: 5, Image

Listing number: P24-114494802, Image number: 6, Image

Listing number: P24-114494802, Image number: 7, Image

Listing number: P24-114494802, Image number: 8, Image

Listing number: P24-114494802, Image number: 9, Image

Property Overview

Listing Number

114494802

Type of Property

Apartment / Flat

Listing Date

05 June 2024

Pets Allowed

Rooms

Bedrooms

Bathrooms

Kitchens

Other Features

Flatlet

Yes

Points of Interest

Bond Calculator

*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.