R2,992,812
1 Bedroom Apartment in Salt River

TRUE NEW YORK LOFT-STYLE LIVING

This is an open plan commercial industrial space that can be upgraded. Floor to ceiling steel

windows, high ceilings, columns, exposed pipes and wonderful space that will awe you. Use it as an office or your residential property.

This 112,66 sqm unit is east facing and the price of R 2,697,080.40m is inclusive of VAT.

No transfer duty applicable.

Basement parking can be purchased at R 150,000 + VAT for a single bay.

This pocket in Salt River is experiencing a trendy revival with the Double Tree

Hotel on your doorstep, buildings being upgraded and hang out places such as

Bootleggers popping up in the neighbourhood.

It’s not often in today’s market, that you will find a correctly priced property that you can turn into your own home / business. The apartments are priced between 23,100-24,200 a square meter INCLUDING VAT, so the only extra minimal costs are the conveyancing fees. The communal passage will be revamped. The apartments are sold as a “shell”. The beauty of this , is that it gives you the rare opportunity to appoint your own builder, within your budget, to complete your dream space. The standout factor about QueensPark Studios is that it is MULTI-USE zoned, and whilst opposition Sectional Title comparisons don’t allow for short term AIR bnb rentals this one does! Also comparative finished sectional title apartments go for over R30 000 a square meter.

Don’t delay with this one, its an opportunity not to be missed.

Property Type
Apartment
Bedrooms
1
Bathrooms
1
Building Size
112m²
Living Area
1
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property listed on 12 Jan 2018