Commercial for sale
Turnkey investment with steady rental cashflow in an amenity-rich location — twin three-storey blocks linked by a covered passage with staff quarters; 24 units (1×1, 16×2, 7×3) and 27 covered 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 R12,000,000
Gresswold is a well-established and centrally located Johannesburg suburb offering families affordable suburban living with quick access to major commercial hubs and excellent amenities.
