Block of Residential Flats for sale in Primrose Hill, Germiston

R20,000,000
  1. 3,557m²
  2. Web Ref: 1282359
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Property Features

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

Residential Complex for Sale in Primrose Hill at R20,000,000.00

Investment Opportunity: Residential Complex for Sale in Primrose Hill
This unique residential complex comprises four individual blocks, three of which are three stories high, with lock-up garages situated on the ground floor of each block. The property includes 40 sectional title flats, predominantly featuring two bedrooms, a bathroom, a kitchen, and a lounge, with unit sizes ranging from 58 to 90 sqm. Each unit is equipped with prepaid meters, offering added convenience for tenants and easy management for owners.

Boasting a 98% occupancy rate, this property represents an attractive investment opportunity for those seeking a consistent income stream. The seller prefers to sell the entire complex as a single entity rather than individual units. Situated in Primrose Hill, the complex offers breathtaking views of Bedfordview, Gillooly’s interchange, Sandton, and even as far as Midrand. Don’t miss this incredible investment opportunity—contact the agent today to arrange a viewing!

Location

Contact the broker

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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

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