Block of Residential Flats for sale in Northcliff, Randburg

R5,390,000
  1. 1,983m²
  2. 10
  3. 8
  4. Web Ref: 1272869
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Property Features

ERF Size 1,983 m²
Rates R2,322 per month
Building Size 800m²

Interior Features

10 Bedrooms
8 Reception Rooms
1 Store Room
8 Bathrooms
8 Family Rooms
Kitchen

Exterior Features

16 Carports

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

Contact the broker

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Jan Oberholzer
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:

Related Properties

Block of Residential Flats for sale in Kempton Park West

Asset: Block of Residential Flats