R 6 597 000
calculate bond costs

18 Bed Apartment in Sunnyside

18 8 1 195 m² 712 m²

This double-story block of eight sectional title apartments, ranging in size from 78 sqm to 98 sqm, is ideally situated for convenient access to public transport. With four apartments on the ground floor and four on the first floor, this small-scale scheme is easy to manage as a body corporate, offering both practicality and exclusivity.

Each apartment features modern, stylish finishes and studio-inspired layouts, designed to appeal to discerning buyers. Kitchens are uniquely styled with Caesar stone countertops, while the open-plan lounge and dining areas create a spacious and contemporary feel. Every apartment includes a full bathroom and bedrooms with built-in cupboards, blending functionality with a touch of luxury.

This property offers versatile investment opportunities. Current rental income of about R60k per month. Purchase the entire block to lease to tenants, resell the apartments individually, or explore redevelopment potential, such as converting the site into a drive-through fast food outlet with indoor dining facilities. Perfect for buyers seeking a modern, low-maintenance option in a competitive market. Please note the price quotes excludes VAT.

Property details

  • Listing number T4881654
  • Property type Apartment
  • Listing date 26 Nov 2024
  • Land size 1 195 m²
  • Floor size 712 m²
  • Rates and taxes R 2 200

Property features

  • Bedrooms 18
  • Bathrooms 8
  • Lounges 8
  • Dining areas 8
  • Storeys 2
  • Access gate
  • Built in cupboards
  • Storage
  • Kitchen
  • Garden cottage
  • Paving

Photo gallery