X

37 Bedroom Apartment Block For Sale in Mamelodi East

R6,500,000


Monthly Bond Repayment R68,201.64
Calculated over 20 years at 11.25% with no deposit.

Web Ref No ORL25981
Inviting serious buyers to view and negotiate an Investment Opportunity of 37-Unit Apartment/Flat with Comprehensive Amenities

This prime investment property consists of a well-maintained 37-unit apartment complex, fully tenanted and generating consistent rental income. The property offers a blend of desirable features and strategic amenities, providing long-term income potential and strong tenant retention.

Property Features:

• 37 Fully Tenanted Apartments: The complex is fully occupied with reliable tenants, ensuring immediate and steady cash
flow from rental income.
• 17 Parking Spaces: Ample parking is provided with 17 dedicated spaces, offering convenience for tenants and enhancing the
appeal of the property.
• Security-Focused Environment: The property is securely enclosed with a perimeter fence and features an electric gate,
ensuring safety and privacy for all residents.
• Shared Amenities: Tenants enjoy access to a well-maintained communal braai area, perfect for socializing and
enhancing the overall living experience. Additionally, the complex includes on-site laundry rooms, further increasing tenant
satisfaction and convenience.
• Prime Location: Situated in a sought-after area with easy access to public transportation, retail outlets, and essential
services, the property attracts long-term, reliable tenants.


Rental Income of R74 000 monthly.

Fully tenanted units, secure and desirable amenities, and a prime location, this 37-unit apartment complex offers a solid opportunity for stable returns. The combination of rental income, high tenant demand, and low operational risk makes this an attractive option for both seasoned investors and those looking to enter the property market.

This investment opportunity offers not only immediate income but also the potential for long-term capital growth. The comprehensive security measures, ample parking, and resident-friendly amenities further add value to the property, ensuring it remains a competitive asset in the rental market.

Features

Bedrooms 37
Security Yes
Bathrooms 25
Flatlet 1
Carports/Parkings 17
Monthly Rates R1,020.00

Agent Contact Details

Martha Masemola
Only Realty Halbe - Pretoria

Cell 0729205236
Office (012) 8074248
WhatsApp Me

Message the Agent

We will communicate real estate related marketing information and related services. We respect your privacy. See our Privacy Policy

1 of 1
I accept your privacy terms. Privacy Policy
We will communicate real estate related marketing information and related services. We respect your privacy. See our Privacy Policy