Loading property...
+8
More Photos
Centrally located, income-focused property offering easy management and reliable returns — 20 self-contained apartments with rooftop private rooms, prepaid meters, borehole, and 21 secure basement parking bays.
EXCLUSIVE MANDATE.
This exciting opportunity is offering twenty spacious two-bedroom/ one-bedroom apartments, with separate kitchens, bathroom configuration. There are approximately four to five apartments per floor and on the roof, there are ten separate rooms, with their own bathroom.
Twenty-one secure parking bays are in the basement and there is one secure access to the building. Electricity pre-paid meters are fitted to each apartment making it an easy manageable investment. Minor maintenance is needed to attract suitable tenants that, if purchased correctly, can produce a return on investment above 20% per annum.
There is a borehole and reservoir tank fitted on site.
For more information, please contact Mamela Estates.
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R4,250,000
Yeoville is a high-density, vibrant urban node characterized by its historic retail corridors and proximity to the Johannesburg CBD, offering affordable commercial opportunities for small to medium enterprises targeting local consumer markets.
* Distances and amenities are approximate.
