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R 10 500 000

16 Bedroom Apartment / Flat for Sale in Musgrave

  • Bedrooms 16
  • Bathrooms 16
  • Garages 1
  • Erf Size 1 038 m²
    • m²: 1 038 m²
    • Hectares: 0.104 ha
    • Acres: 0.256 acres
Calling on all investor and businessman for this income generating unit.

Calling All Investors and Entrepreneurs: Income-Generating Opportunity in the Heart of Musgrave

For Sale: 8-Unit Apartment Block with 16 Bedrooms and 16 Bathrooms

This brand-new apartment block in the heart of Musgrave presents an exceptional investment opportunity. Featuring 8 spacious 2-bedroom units, each with a main bedroom en-suite, this property is perfectly positioned near UKZN, DUT, major hospitals, and the city center. This secure, upmarket complex is designed for convenience and a modern lifestyle.

Prime Location Highlights:

• Landmark location close to Toll Gate Bridge, ensuring high visibility for clients

• Neighboring businesses like Think 360 add to the area's prestige

• Situated off Ridge Road, one of the most sought-after locations in Musgrave

• Walking distance to Musgrave Centre and The Atrium

• Easy access to major freeways

• Close to top...

Calling All Investors and Entrepreneurs: Income-Generating Opportunity in the Heart of Musgrave

For Sale: 8-Unit Apartment Block with 16 Bedrooms and 16 Bathrooms

This brand-new apartment block in the heart of Musgrave presents an exceptional investment opportunity. Featuring 8 spacious 2-bedroom units, each with a main bedroom en-suite, this property is perfectly positioned near UKZN, DUT, major hospitals, and the city center. This secure, upmarket complex is designed for convenience and a modern lifestyle.

Prime Location Highlights:

• Landmark location close to Toll Gate Bridge, ensuring high visibility for clients

• Neighboring businesses like Think 360 add to the area's prestige

• Situated off Ridge Road, one of the most sought-after locations in Musgrave

• Walking distance to Musgrave Centre and The Atrium

• Easy access to major freeways

• Close to top schools: DHS School, Ridge Park School, and Maris Stella

Property Features:

8 x 2-bedroom units, each offering:

2 bedrooms (main bedroom with en-suite)

2 bathrooms

Fully fitted kitchen

Open plan lounge and dining area

Small laundry room

2 open bay parking spaces per unit

4 units with a patio, 4 units with a balcony

Building Amenities:

• Automated driveway gate

• Designated parking for each unit, plus visitor parking

• Clothes lines for residents' convenience

This apartment block is ideal for consortiums and offers endless possibilities for income generation. With its prime location, modern design, and proximity to key amenities, this is the perfect opportunity for investors with a vision for future growth. Don't miss out on this lucrative opportunity!

Bedrooms Bedrooms: 16
Bathrooms Bathrooms: 16
Parking Parking: 1
No Pets Allowed No Pets Allowed
Listing number: P24-113327442, Image number: 1
Listing number: P24-113327442, Image number: 2
Listing number: P24-113327442, Image number: 3
Listing number: P24-113327442, Image number: 4
Listing number: P24-113327442, Image number: 5
Listing number: P24-113327442, Image number: 6
Listing number: P24-113327442, Image number: 7
Listing number: P24-113327442, Image number: 8
Listing number: P24-113327442, Image number: 9
Property Overview
Listing Number
113327442
Type of Property
Apartment / Flat
Lifestyle
Complex, Security Estate
Listing Date
15 September 2023
Erf Size
1 038 m²
Rates and Taxes
R 7 000
Pets Allowed
No
Bedrooms
16
Bedroom 1
Bedroom 2
Bedroom 3
Bedroom 4
Bedroom 5
Bedroom 6
Bedroom 7
Bedroom 8
Bedroom 9
Bedroom 10
Bedroom 11
Bedroom 12
Bedroom 13
Bedroom 14
Bedroom 15
Bedroom 16
Bathrooms
16
Kitchens
8
Kitchen 1
Kitchen 2
Kitchen 3
Kitchen 4
Kitchen 5
Kitchen 6
Kitchen 7
Kitchen 8
Lounges
8
Lounge 1
Lounge 2
Lounge 3
Lounge 4
Lounge 5
Lounge 6
Lounge 7
Lounge 8
Dining Rooms
8
Dining Room 1
Dining Room 2
Dining Room 3
Dining Room 4
Dining Room 5
Dining Room 6
Dining Room 7
Dining Room 8
Parking
1
Backup Water
No
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