R20,000,000
Monthly Bond Repayment R206,437.67
Calculated over 20 years at 11.0% with no deposit.
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Investment Opportunity in a Central Location – 27-Unit Apartment Block Close to University
This well-maintained apartment building offers a rare investment opportunity in a central and highly convenient location, within walking distance to the university and close to town amenities.
Consisting of 27 spacious flats – 18 two-bedroom apartments and 9 one-bedroom apartments – this property is ideally suited for residential rental or conversion to student accommodation, offering strong potential for increased returns.
The building currently generates a solid annual income of R1 905 000, with established tenants already in place. All units are equipped with pre-paid electricity meters, and the property includes 30 parking bays, providing ample secure parking for residents.
Contact us today for more information or to arrange a viewing.
