Commercial for sale
Hands-off income opportunity in a central, amenity-rich location offering one-, two- and three-bedroom apartments; linked blocks with staff quarters, storerooms and 27 secure basement parking bays.
This property features two residential apartment blocks, each standing three stories high, linked by a single-level structure. This connecting structure includes a covered passage, behind which are staff quarters, and storerooms. The property offers a single one-bedroom unit, 16 2-bedroom units, and 7 3-bedroom units, totaling 24 apartments. Additionally, it provides ample parking with 27 covered parking bays available in the gated secured basement levels.
Call for investment calculation. The 1 bedroom flat is let for R5000
2 bedroom flats @ R6500
3 bedrooms @ R7400
Garage @R350
Listed for sale at R13,000,000
Price reduced by 7.7% to R12,000,000
Gresswold is a well-established, centrally located residential suburb in Johannesburg that offers residents convenient access to major business hubs and a variety of local community amenities.