Apartment Block For Sale in Bellevue, Johannesburg

Prime Income-Producing Block of Flats – Exceptional Investment Opportunity

This well-positioned income-generating block of flats offers a rare opportunity for investors seeking strong rental returns with further development potential.

Main Building

The property comprises 4 spacious apartments arranged over two levels, each offering:

• 3 Bedrooms
• 2 Bathrooms
• Open-plan lounge and dining area
• Enclosed balcony, ideal as a 4th bedroom for increased rental income

Each unit is currently leased as a full apartment, however, the layout lends itself perfectly to multi-tenanted configurations, significantly increasing potential rental yield.

Ground Floor Potential

• 4 Garages currently used for storage
• Excellent opportunity to convert into bachelor apartments, adding an additional income stream

Additional Accommodation

Located at the rear of the property:

• 3 Separate Rooms

o 1 occupied by an on-site caretaker

o 2 rooms currently generating rental income

• Shared bathroom facilities

Investment Highlights

• Multiple income streams already in place
• Strong potential to increase revenue through conversion and optimisation
• Established structure with immediate returns

This is a high-yield investment property with both current income and future upside, ideal for investors looking to expand or diversify their portfolio.