• 19
  • 11
  • 494 m2

Monthly Costs

Monthly Bond Repayment ZAR .

Calculated over years at % with no deposit. Change Assumptions

Affordability Calculator | Bond Costs Calculator | Bond Repayment Calculator | Apply for a Bond

Bond Calculator

R
R
%
years
R


BetterBond

Disclaimer: The estimates contained on this webpage are provided for general information purposes and should be used as a guide only. While every effort is made to ensure the accuracy of the calculator, RE/MAX of Southern Africa cannot be held liable for any loss or damage arising directly or indirectly from the use of this calculator, including any incorrect information generated by this calculator, and/or arising pursuant to your reliance on such information.

Mun. Rates & Taxes: ZAR 6700.00

Property description

This well-maintained and fully walled block of flats presents an outstanding investment opportunity, offering strong rental income with future growth potential.

The property comprises eight spacious apartments, each approximately ±100m², complemented by three additional bachelor units positioned at the rear of the property. The unit mix provides a diverse rental profile, appealing to long-term tenants and maximizing occupancy.

Access to the property is secure and well managed, with parking available at the back via an electric gate, ensuring convenience and safety for tenants. In addition, the property includes two garages as well as separate storage facilities, adding further value and functionality.

The entire property is fully walled, enhancing privacy and security. A major capital improvement has already been completed, with a new roof fitted approximately three years ago, significantly reducing future maintenance costs and providing peace of mind for the next owner.

The building is solidly constructed, well positioned, and ideally suited for an investor seeking:

• Reliable rental income

• A multi-unit asset with scale

• Low immediate maintenance requirements

• Long-term capital appreciation

This is a rare opportunity to acquire a substantial residential income property with established infrastructure, secure access, and proven rental demand

Property Details

  • 19 Bedrooms
  • 11 Bathrooms

Property Features