House for sale
Generate rental income while enjoying convenient Blue Downs living close to local amenities. Six self-contained apartments provide privacy and a projected R30,000 monthly income once completed.
This exceptional apartment block located in Blue Downs, Western Cape, offers a unique investment opportunity. It needs to be completed. Comprising six spacious single apartments, each designed to provide comfort and privacy, this property is ideal for those looking to enter the rental market or expand their existing portfolio. Expected income is R30 000 per month, once the property is completed and tenanted.
Each of the six bathrooms, once complete, will add to the convenience of the living space, ensuring that residents have access to modern amenities. The layout promotes a functional living environment, catering to both individual and communal needs.
Please note that pets are not allowed on the premises, making this property suitable for tenants who prefer a pet-free environment. With its strategic location and robust features, this apartment block is poised to attract interest from savvy investors seeking to capitalize on the growing demand in the area.
Listed for sale at R1,100,000
How does this home’s price compare with similar properties?
Insight
Priced close to the local median, and inside the typical range across Eersterivier.
Compared with 36 active listings across Eersterivier.
Benchmarked on town-level data where the suburb sample is limited. Premium pockets may trade above town averages - check with the agent for local guidance.
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Electric City in Eersterivier is a well-established, community-focused residential suburb that offers affordable housing options with convenient access to essential local amenities and major transport routes.
