| Fully tenanted 8 apartments on the A Re Yeng bus route in Sunnyside |
This double-story block of eight sectional title apartments, ranging in size from 78 sqm to 98 sqm, is ideally situated for convenient access to public transport. With four apartments on the ground floor and four on the first floor, this small-scale scheme is easy to manage as a body corporate, offering both practicality and exclusivity.
Each apartment features modern, stylish finishes and studio-inspired layouts, designed to appeal to discerning buyers. Kitchens are uniquely styled with Caesar stone countertops, while the open-plan lounge and dining areas create a spacious and contemporary feel. Every apartment includes a full bathroom and bedrooms with built-in cupboards, blending functionality with a touch of luxury.
This property offers versatile investment opportunities. Current rental income of about R60k per month. Purchase the entire block to lease to tenants, resell the apartments individually, or explore redevelopment potential, such as converting the site into a drive-through fast food outlet with indoor dining facilities. Perfect for buyers seeking a modern, low-maintenance option in a competitive market. Please note the price quotes excludes VAT.
ERF Size 1,195 m²
Building Size 712m²
Rates R2,200 per month
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Colin Cloete
c. 0813360034
colin.cloete@rawson.co.za
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