Sole Mandate

26 Bedroom block of flats for sale in Muldersdrift, Krugersdorp

R13,995,000
  1. 26
  2. 26
  3. Web Ref: 1339138
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Property Features

ERF Size 3.371 ha
Rates R2,541 per month

Interior Features

26 Bedrooms
26 Bathrooms

Excellent Rental income - Plus Development Upside - No Transfer Duty

Excellent Rental Return!!! NO Transfer duty!!! Positioned alongside the highly accessible N14 motorway, this well-run and impeccably maintained property offers a compelling investment opportunity. Set on 3.37 hectares, the development comprises 23 recently upgraded residential units, all fully let, ensuring immediate and stable rental income. The property exudes a relaxed, holiday-like ambience that strongly attracts long-term tenants, supporting consistently high occupancy levels. Residents benefit from a range of lifestyle amenities, including landscaped gardens, a communal braai area, covered parking, as well as secure garages and storage facilities where required, all of which contribute to tenant satisfaction, retention, and sustained rental demand. The overall design and condition of the property reflect careful management and a focus on preserving long-term value.

Complementing the residential offering, the property also features two warehouses in the lower section, along with a church and generous staff accommodation, creating additional income streams and flexible usage potential. Its strategic positioning, diversified revenue opportunities, and fully tenanted status make this an outstanding, income-producing asset with strong prospects for future growth. An excellent opportunity for further development.

Location

Contact the agent

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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

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