R 10 500 000
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16 Bed Apartment in Musgrave

16 16 1 1 038 m²

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 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. Dont miss out on this lucrative opportunity!

Property details

  • Listing number T4336947
  • Property type Apartment
  • Erf size 1 038 m²
  • Rates and taxes R 7 000

Property features

  • Bedrooms 16
  • Bathrooms 16
  • En-suite 1
  • Lounges 8
  • Dining Areas 8
  • Open Parkings 1

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