3 144 m² Commercial space in Primrose Hill
Prime Investment Opportunity: Secure Income Stream in Primrose Hill Complex
This unique residential complex comprises four individual blocks, three of which are three stories high. The ground floor of each block accommodates lock-up garages for tenants. The complex features 40 sectional title flats, predominantly consisting of two bedrooms, a bathroom, a kitchen, and a lounge, with sizes ranging from 58 to 90 sqm.
Each unit is equipped with prepaid meters. The seller prefers to sell the entire complex as a whole rather than individual units. With a 90% occupancy rate, this property presents an attractive investment opportunity for those seeking a steady income stream. Located on Primrose Hill, the complex offers stunning views overlooking Bedfordview, the Gilloolys interchange, Sandton, and even as far as Midrand. To arrange a viewing, please contact the agent.
Property details
- Listing number T4673602
- Property type Commercial
- Listing date 14 Jun 2024
- Land size 3 557 m²
- Floor size 3 144 m²
- Rates and taxes R 10 240