Hands-off income stream in Secunda, steps from the Sasol precinct — fully enclosed 56-unit complex with tenants in place and communal outdoor space, offering strong value-add potential.
Exceptional Investment Opportunity—Entire 56-Unit Residential Complex for Sale with tenants in place.
Unlock the potential of this exceptional investment property comprising a total of 56 thoughtfully designed apartment units, set on a generous 7,878 sqm erf within a secure, fully enclosed development.
This well-constructed complex features a balanced mix of unit types to attract a wide tenant demographic, ensuring consistent occupancy and strong rental income.
LAYOUT:
Additional visitor parking bays are also available, ensuring secure and convenient vehicle parking. The expansive lot allows for open communal spaces within the perimeter walls, offering residents outdoor breathing room while maintaining safety and privacy.
FINANCIAL VALUE ADD POTENTIAL:
HIGH-DEMAND LOCATION:
Situated in the heart of Secunda, the property taps into the massive rental demand generated by Sasol’s operations, which historically shows low vacancy rates and high-quality tenant profiles.
Whether you`re an experienced investor or looking to expand your real estate portfolio, this full-complex sale presents an outstanding opportunity for long-term capital growth and immediate rental yield.
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Listed for sale at R31,500,000
Price reduced by 7.9% to R29,000,000
Secunda Central offers a convenient and community-oriented lifestyle, characterized by its proximity to essential amenities and services, making it an attractive residential area.
* Distances and amenities are approximate.