Block of Residential Flats for sale in Oranjezicht, Cape Town

Block Of Flats For Sale In Oranjezicht

Block Of Flats In Oranjezicht

Overview:
Investment Opportunity In Oranjezicht. This Block Of Flats Offers Four Expansive Units (162m2 Each Unit). Originally 3 bed Units That Have Been Reconfigured To Accommodate Up To 7 Rooms Per Unit, These Spacious Apartments Present A Unique Investment Opportunity With Potential For Redevelopment Or Continued Rental Income.


Property Details:
Erf Size : 706m2
Zoning : GR4
Gross Lettable Area: C.648m2
Available Bulk : 1059m2
Units : 4 Flats (Originally 3 Bedrooms Per Unit)
Unit Size : 162m2 X 4
Configuration : Unit 1: 6 Rooms | Unit 2: 5 Rooms | Unit 3: 4 Rooms | Unit 4: 4 Rooms

* Location: Ideally Situated In Oranjezicht Directly Across From Gardens Centre.
* Unit Size: Each Flat Spans An Impressive 162 Square Meters.
* Bedrooms: Every Unit Originally Comprises Of Three Bedrooms. Presently Configured With Up To 7 Rooms Per Unit, Allowing For Flexible Rental Arrangements And Maximizing Rental Income Potential.
* Potential: The Property Presents An Excellent Opportunity For Redevelopment Or Renovation To Capitalize On Its Prime Location
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Investment Opportunity:
This Property Represents An Investment Opportunity For Buyers Looking To Capitalize On The High Demand For Accommodation In Oranjezicht. Whether You Choose To Retain The Existing Configuration And Continue Renting Out Individual Rooms Or Redevelop To Unlock The Property's Full Potential.