R 12,000,000

R 12,000,000

Sunnyside Apartment Building for sale
30
Bedrooms
20
Bathrooms
7
Garages
Active

Sunnyside Apartment Building for sale

Web Ref. MPLS-8820
Land size 996 m²
Floor size 2400 m²
Monthly Bond Repayment
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This well maintained residential block is ideally positioned on the eastern side of Sunnyside and comprises of 20 fully tenanted units offering an immediate and secure income strea.

The accommodation mix includes 4 bachelor apartments with enclosed balconies, 12 one and a half bedroom and 4 two and a half bedroom apartments catering to both family tenants and the strong student rental market.

The property offers

  • Excellent security with controlled access featuring seperate entrance and exit gates.
  • 7 Lockup garages plus 7 undercover parking bays and 4 open parking bays.
  • Individually metered water and electricity consumption for each unit
  • Wifi conectivity available.

Strategically located within walking distance of key amenities, public transport routes, educational institutions and retail facilities, this property is perfectly positioned for sustained rental demand.

An outstanding opportunity for investors seeking a well-managed income producing asset in a high demand area.

Features

Property Type Apartment
Listing Purpose Sale
Municipal Rates R 17427.62
Occupation On Transfer
Floor Size 2400 m²
Total Floors 4
Property Tags
Second floor and above Third Floor Top Floor Student Accommodation North Metropolitan Security Complex Concrete Roof Options Flat Roof

Rooms

Bedrooms 30
Bathrooms 20

20

Kitchen 10
Domestic Rooms 1
Domestic Bathrooms 1
Outside Toilets 1
Lounges 20

Amenities

Garage 7

Lockup

Parking Spaces 7

Under Cover

Stove/Oven
Undercounter Oven

Amenities

Staff Solar Panels Water Tank Built in Cupboards TV Fibre Alarm Beams Cameras Security Gates Intercom Remote Access Secure Parking Tandem Parking On Street Parking Under Ground Parking

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.