| Residential Complex for Sale in Primrose Hill at R20,000,000.00 |
Residential Complex for Sale in Primrose Hill at R20,000,000.00
This distinctive residential complex is made up of four separate blocks, three of which are three stories high. Each block features ground-floor lock-up garages allocated for tenant use. The complex comprises 40 sectional title flats, primarily configured as two-bedroom units with a bathroom, kitchen, and lounge, ranging in size from 58 sqm to 90 sqm. All units are fitted with prepaid electricity meters for added convenience and control.
The seller is offering the entire complex for sale as a single package, rather than selling individual units. With a current occupancy rate of approximately 90%, the property offers a compelling investment opportunity with consistent rental income. Perched on Primrose Hill, the complex boasts sweeping views over Bedfordview, the Gillooly’s interchange, Sandton, and as far as Midrand. For more information or to schedule a viewing, please contact the listed agent.
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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