R 19 000 000
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12 Bed House in Sandhurst

12 12 12 991 m² 820 m²

Modern apartment block in the heart of Sandton

Sandton

Dubbed Africas richest square mile, Sandton is synonymous with high-end living and corporate culture. Its skyline is filled with sleek office towers, luxury apartments, and five-star hotels. Prestigious areas like Sandhurst and Morningside attract affluent buyers, while demand from Sandton moving companies highlights its investment potential. The mix of exclusivity and financial growth makes Sandton a cornerstone for long-term property value, especially as it is one of the most desirable locations in South Africa.

This is an ideal opportunity to enter the rental game with a block of 8 fully furnished apartments, on the border of Sandhurst/Parkmore

INCOME GENERATING APARTMENT BLOCK. Low maintenance, currently fully occupied. Make the smart choice and invest in this property today!

8 apartments

Three x 2 bedrooms, 2 bathrooms and loft

Four x 1 bedroom, 1 bathroom (executive)

One x 2 bedroom, 1 bathroom (small caretaker)

Each unit -

2 parking spaces per flat except no 8 only 1

Solar geysers

Full bathrooms

Gas Stoves

Granite tops

Kitchen island

Place for 2/3 appliance

Air-conditioners

Low e glazing aluminum windows

Covered outdoor patios

Dstv dishes

Alarm

Fibre

Inverter

Under cover secure parking

Views to Sandton City Skyline

Additional

Tank room for water harvesting

Utility room for ironing and db boards etc

Cameras for security

Electric gates and garage doors

Generator shared with No 143

Storage rooms

Connection to put in EV charger

Electric fence

Alongside the block is a grassed area with exclusive use, with built in braais and washing lines

Access through Secure gate across cul-de-sac. Shared with 2 other properties

Parking space at end of cul-de-sac for visitors

Income from successfully managed with short-term and long-term regular rentals.

Registered on Airbnb

NO TRANSFER DUTY - VAT APPLICABLE

Option to purchase property next door with 4 bedroom en-suite in main house, 5 garages and 2 income producing cottages 2 bedrooms, 1 bathroom & 3 bedrooms 2 bathrooms, own entrance and parking to further enhance the income

SELLER WILLING TO NEGOTIATE AND WILL CONSIDER ALL WRITTEN OFFERS PRESENTED

Call for an exclusive viewing

Property details

  • Listing number T4849454
  • Property type House
  • Listing date 1 Nov 2024
  • Land size 991 m²
  • Floor size 820 m²
  • Rates and taxes R 5 536

Property features

  • Bedrooms 12
  • Bathrooms 12
  • Lounges 8
  • Dining areas 8
  • Garage parking 12
  • Access gate
  • Alarm
  • Balcony
  • Laundry
  • Patio
  • Security post
  • Study
  • Tv
  • Furnished
  • Intercom
  • Electric fencing
  • Aircon

Photo gallery

Video