Lencar Exclusive Properties Logo
You are here: Lencar Exclusive Properties / Residential / For Sale / Johannesburg / Rosettenville / Apartment Block / 30 Bedroom Apartment Block For Sale in Rosettenville

R6,000,000 | 30 Bedroom Apartment Block For Sale in Rosettenville

SHOWING LISTING 1 OF 1
GET EMAIL
ALERTS
0
VIEW MY
FAVOURITES
GALLERY

R6,000,000

Monthly Bond Repayment R60,913.73
Calculated over 20 years at 10.75% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs | Currency Converter

Investment Opportunity: Fully Tenanted Apartment Building in Rosettenville

An excellent opportunity for property investors to acquire a fully tenanted apartment building in the established suburb of Rosettenville, ideally positioned on the corner of Geranium and High Streets.

This face-brick building comprises 15 apartments, each offering a practical and desirable layout with:

- 2 bedrooms
- 1 bathroom
- Kitchen
- Lounge
- Dining area

The property is designed for efficient tenant management, with prepaid electricity installed and water individually metered. All units are currently occupied, providing an immediate income-producing investment from day one.

This property presents strong potential for investors seeking a stable, fully let residential asset with room to enhance value through minor maintenance and upgrades. The durable face-brick construction also supports lower long-term exterior maintenance requirements.

Key Investment Highlights:

- 15 fully tenanted two-bedroom apartments
- Immediate rental-income potential
- Prepaid electricity and metered water
- Corner-positioned property in Rosettenville
- Face-brick construction
- Requires only minor maintenance
- Attractive opportunity for investors seeking a solid return on investment

Please contact Deetesh Ranchod for an exclusive viewing.

Features

30
15
Pets Allowed
No
Interior
Bedrooms
30
Bathrooms
15
Kitchen
1
Reception Rooms
2
Furnished
No
Exterior
Security
No
Pool
No
STREET MAP
STREET VIEW
-26.244227, 28.0593459
Deetesh Ranchod
Deetesh Ranchod
Non-Principal Property Practitioner Show number View my listings WhatsApp
1
Disclaimer:  While every effort will be made to ensure that the information contained within the Lencar Exclusive Properties website is accurate and up to date, Lencar Exclusive 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.