1 400 m² Commercial space in Nieuw Muckleneuk
Nieuw Muckleneuk[removed]s Crown Jewel [removed] Embassy Suites
Discover a New Standard of Luxury Living
Welcome to Embassy Suites, an unparalleled commercial development offering sophistication, privacy, and luxury in the heart of Brooklyn/Nieuw Muckleneuk. Spanning a generous 1600sqm of total lettable area, this exquisite property is designed to exceed the expectations of discerning tenants and investors alike.
Prime Location & Unmatched Convenience
Nestled in a prestigious neighborhood, Embassy Suites is strategically positioned next to paddle courts, shopping malls, embassies, schools, universities, and major highways. This prime location ensures seamless connectivity and convenience, making it an ideal choice for professionals and families.
Exclusive Living Spaces
12 Spacious Apartments: Each of our 94sqm apartments boasts 2 bedrooms and 2 bathrooms, offering expansive living spaces that include a modern kitchen, scullery/pantry, and a welcoming lounge. With no shared walls and approx 30sqm of wrap-around balconies, residents can enjoy unrivaled privacy and panoramic views.
Opulent Penthouse: The crowning jewel of the Embassy Suites is the magnificent 400sqm penthouse. Occupying the entire top floor, this extraordinary residence features a separate granny flat and is connected by a stunning sky bridge lounge that offers breathtaking views of the Union Buildings. With over 100sqm of balconies, this penthouse epitomizes luxury living and is valued at an impressive 8-9 million.
State-of-the-Art Amenities
-Covered Parking: 450sqm of secure covered parking ensures ample space and protection for residents'' vehicles.
- Comprehensive Facilities: With approximately 200sqm dedicated to the guardhouse, staff quarters, and laundry space, every detail has been considered to enhance comfort and security.
- Sustainable Living: Featuring a borehole and gas geysers, Embassy Suites promotes eco-friendly living without compromising on luxury.
Investment Potential
Currently not let, Embassy Suites presents an exceptional investment opportunity with estimated rentals of 15k-18k for the apartments and 40k+ for the penthouse. Comparable properties in the Brooklyn area are selling for between 2.6m and 2.9m, highlighting the competitive market positioning of this development.
Flexible Ownership Options
While not yet sectional titled, there is a promising option for buyers to consider sectional ownership, adding versatility to your investment portfolio.
Embrace a new era of refined living at the Embassy Suites. With its exclusive apartments, landmark penthouse, and prime location, this development promises to set a new benchmark for luxury and convenience in Brooklyn/Nieuw Muckleneuk.
Contact us today to secure your place in this prestigious community and experience the epitome of upscale urban living.
Property details
- Listing number T4648739
- Property type Commercial
- Listing date 24 May 2024
- Land size 1 600 m²
- Floor size 1 400 m²
- Rates and taxes R 6 000