12 Bed Apartment in Parklands

Exceptional Investment Opportunity: Fully Leased 6-Unit Apartment Block just off Sandown Road

High Tenant Demand

Discover a premier investment opportunity with this fully leased apartment block, comprising six modern 2-bedroom, 1-bathroom units, ideal for a collective purchase. Each unit falls below the R1.1 million threshold, exempting it from transfer duties, with each apartment on its own sectional title.

Prime Location : Opposite Virgin Active Gym, Food Lovers Market & within 200m of the MyCity Bus Stop.

Ave Monthly Rental Income : R60 000 for all 6 units.

Property Highlights:

Units Included:6 Apartments (4 ground-floor units, 2 second-floor units) - Apartment Size 64m2 each.Each unit offers 2 bedrooms, 1 bathroom, and an allocated parking bay.

Leased Units:All units are currently leased. Lease terms and rental income details are available upon request.

Images Available:Photos of a sample apartment are available for viewing.

This rare investment opportunity offers a steady rental income stream in a highly sought-after area. For further information, please contact us today!