Reduced

Block of Residential Flats for sale in Primrose Hill, Germiston

R20,000,000
  1. 3,557m²
  2. Web Ref: 1256383
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Property Features

ERF Size 3,557 m²
Rates R10,240 per month
Building Size 3144m²

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.

Location

Contact the broker

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Dion van Aardt
Non-Principal Property Practitioner
Registered with the PPRA

Franchisee of Rawson Residential Franchises (Pty) Ltd | Registered with the PPRA

349 Beyers Naude Drive, Northcliff

Bond repayment calculator

Monthly repayments will be calculating…
*based on purchase price at Prime over 20 years

Ready to sell?

Our goal is to sell your property at the right price and in the shortest possible time.

Check out our latest ad by clicking below: