R5,000,000

R5,000,000

9 Bedroom Apartment Block For Sale in Alexander Park
9
Bedrooms
8
Bathrooms
2
Garages
Wynand Grobler

Investment Opportunity: Newly Renovated 8-Unit Property with High Rental Yield

Web Ref. BLU-RS00805
Monthly Bond Repayment
R51,609.41
Investment Opportunity: Newly Renovated 8-Unit Property with High Rental Yield

This fully refurbished double-storey property is a rare opportunity for investors seeking immediate rental income and long-term value.

Property Features:

8 self-contained units in total
2 large units suitable for couples or small families
5 single/bachelor-style units
1 two-bedroom unit with its own kitchen and bathroom
All units are brand new, including:
Modern kitchens
New geysers
Updated bathrooms with new showers and toilets
Secure parking for 9 vehicles
On-site JoJo water tank for added utility security
Beautiful elevated views and centrally located
Easy access to major highways – perfect for commuters

Income Potential:
This property is ideal for generating consistent monthly rental income, with an estimated potential of R45,000 per month when fully occupied.

Two investment options:

Residential rental – lease out each unit individually for steady cash flow
Business premises – suitable for company accommodation, student housing, or short-term rentals
This is a turnkey investment – fully upgraded, low maintenance, and ready for occupancy.

?? Enquire now to schedule a viewing and explore this high-potential opportunity.

Features

Interior
9 Bedrooms
8 Bathrooms
8 Kitchens
8 Lounges
8 Dining Rooms
Exterior
2 Garages
9 Parkings
Additional Amenities
Fence
Scenic View
Listing Info
Date Listed 01-05-25
Time Listed 11:26

Finance

Total Amount Repayable
R0,00
Monthly Repayment
R0,00
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