R 13,030,999.99

R 13,030,999.99

INVESTMENT PROPERTY FOR SALE.
1
Bedrooms
20
Bathrooms
Active

INVESTMENT PROPERTY FOR SALE.

Web Ref. MPLS-8214
Land size 3200 m²
Floor size 2803 m²
Monthly Bond Repayment
calculating..

An Exceptional Commercial Investment Opportunity Awaits in Vibrant Troyeville!

Discover a property of immense potential and scale with this versatile commercial offering located in the heart of Troyeville. Boasting an expansive ERF size of 3200 m² and a substantial floor area of 2803 m², this property is a strategic asset for the astute investor seeking diverse income streams and long-term growth.

This remarkable complex is perfectly configured for a multitude of commercial ventures, making it an ideal choice for a sophisticated Guesthouse, Boutique Hotel, Student Accommodation, Shared Living complex, or even a dedicated Retirement Living facility. Its design also lends itself to a secure multi-unit Complex or a robust Security Complex, catering to the burgeoning needs of the University College Community and beyond.

The property features a rare and highly functional layout comprising 42 individual units. Each of these self-contained units is thoughtfully designed with its own semi open-plan kitchen, providing residents with convenience and independence. While listed with 1 bedroom, the true strength lies in its 42 units, each providing distinct living spaces, amply supported by an impressive 45 bathrooms servicing the entire complex. Further enhancing the communal living experience are 30 spacious lounges, offering abundant shared spaces for relaxation and interaction.

Architecturally, the building presents a harmonious blend of Open Plan, Conventional, and Classical styles, appealing to a broad demographic. The exterior is finished with durable plaster, complemented by modern Aluminium Window Options for energy efficiency and aesthetic appeal. Security is prioritized with robust security gates ensuring peace of mind for all occupants.

With its significant size, flexible layout, and strategic location in Troyeville, this property stands as an unparalleled opportunity to establish a thriving commercial enterprise or expand an existing portfolio. Tap into its vast potential and unlock a future of prosperity.

Features

Property Type Commercial
Listing Purpose Sale
Municipal Rates R 450
Occupation On Transfer
En-Suites 3
Levy R 1700
Floor Size 2803 m²
Total Floors 3
Property Tags
Guesthouse Descriptive Commercial Types Hotel Smallholding Complex Retirement Living Security Complex Shared Living Student Accommodation University College Community Open Plan Style Conventional Classical Aluminium Window Options Plaster

Rooms

Bedrooms 1
Bathrooms 20

THE NUMBER OF BATHROOMS IS ACTUALLY 45 SERVICING 42 UNITS

Kitchen 10

42 KITCHENS, EACH UNIT HAS ITS OWN SEMI OPEN PLAN

Lounges 30

Amenities

Stove/Oven
Undercounter Oven Hob

Bedroom

Bedroom 1
Built-in Cupboards Single Bed Twin Bed Laminated Floors Tiled Floors

Amenities

TV Burglar Bars Security Gates Remote Access Secure Parking Covered Parkings

Disclaimer

While every effort will be made to ensure that the information contained within the Mandated Property Group website is accurate and up to date, Mandated Property Group 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.