Block of Residential Flats for sale in Northcliff, Randburg
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1,983m²
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10
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8
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Web Ref: 1272869
Property Features
Interior Features
Exterior Features
Lucrative Investment - Prime Location - Rare Opportunity!
A lucrative investment opportunity in the prestigious suburb of Northcliff. This fully tenanted property boasts 8 modern residential units of varying sizes. Each unit is thoughtfully designed with contemporary finishes, ensuring a comfortable living experience for tenants. Each units is fitted with pre-paid meters for water and electricity, minimizing the risk of tenants not paying for their utility usages. The property's communal amenities include a sparkling pool and a designated entertainment area, perfect for relaxation and social gatherings. Other extra’s include 16 carports, an enclosed garage/storage room and caretaker accommodation.
The upside to this investment is that it is approved for 10 residential dwellings, making it easy to increase your return on your investment. Situated in a sought-after area, this investment promises convenience, being centrally located with easy access to excellent schools and key amenities. The property's well-maintained status adds to its appeal, ensuring minimal upkeep and attracting reliable, long-term tenants. Don't miss out on this chance to own a piece of Northcliff's real estate landscape—an investment poised for growth and prosperity in an area renowned for its lifestyle appeal and strong rental demand.
Location
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Registered with the PPRA
Franchisee of Rawson Residential Franchises (Pty) Ltd | Registered with the PPRA
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*based on purchase price at Prime over 20 years
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