R7,800,000

R7,800,000

16 Bedroom Apartment Block For Sale in Noordrand
16
Bedrooms
8
Bathrooms
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nvestment Opportunity: Multi-Unit Complex with Steady Rental Income

Web Ref. RL4961
Monthly Bond Repayment
R77,873.63
**Property Description for Property24:**

Exceptional investment opportunity – a modern, income-generating complex consisting of 8 units in total, divided into 2 neat blocks. Each flat features a contemporary open-plan kitchen and lounge, as well as an additional braai or entertainment area with a built-in braai – a unique feature that sets this complex apart, as most flats offer only one living area. Every unit includes 2 bedrooms, 1 full bathroom, and its own carport. All Maintenance in the complex is up to date.This complex is ready for a new owner to take over and generate income with little effort

The ground-floor units offer extra private storage space along the walkway to the front doors, while all staircases are secured with Trellidoors for added safety. Each unit has its own prepaid electricity meter and individual water meter, making utility management simple and transparent for both the owner and tenants.

The complex is secured with electric fencing and includes a designated garbage house. There is also potential to make the bottom units pet-friendly, offering additional rental appeal. Currently, the complex enjoys 100% occupancy – a solid and reliable income-generating investment.
Monthly Rates R3,000

Features

Interior
16 Bedrooms
8 Bathrooms
8 Kitchens
8 Lounges
8 Dining Rooms
Exterior
8 Parkings (Carport)
8 Flatlets
Scenery / Views
Additional Amenities
24 Hour Access
Bath, Toilet and Basin
Breakfast Nook
Built In Braai
Complex
Listing Info
Date Listed 14-10-25
Time Listed 10:37

Disclaimer

While every effort will be made to ensure that the information contained within the WMPG Properties website is accurate and up to date, WMPG Properties makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.