| 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!
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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