| Prime Investment Opportunity: Secure Income Stream in Primrose Hill Complex |
This unique residential complex comprises four individual blocks, three of which are three stories high. The ground floor of each block accommodates lock-up garages for tenants. The complex features 40 sectional title flats, predominantly consisting of two bedrooms, a bathroom, a kitchen, and a lounge, with sizes ranging from 58 to 90 sqm.
Each unit is equipped with prepaid meters. The seller prefers to sell the entire complex as a whole rather than individual units. With a 90% occupancy rate, this property presents an attractive investment opportunity for those seeking a steady income stream. Located on Primrose Hill, the complex offers stunning views overlooking Bedfordview, the Gillooly’s interchange, Sandton, and even as far as Midrand. To arrange a viewing, please contact the agent.
ERF Size 3,557 m²
Building Size 3144m²
Rates R10,240 per month
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Dion van Aardt
c. 076 412 3291
dion.vanaardt@rawson.co.za
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