R12,350,000

R12,350,000

606m² Apartment Block For Sale in Observatory
Open
Nikita Wright

Twelve Units in a Perfect Area

Web Ref. WSB-CS00013
Floor size 606.00 m²
Monthly Bond Repayment
R119,950.78
We are delighted to present an incredible opportunity to own twelve units in a perfect area. This exceptional property offers a range of possibilities for investors and buyers looking for a lucrative venture. Situated in a prime location, this property is sure to capture your attention.

Features of the Property:

1. Prime Location: The property is located in a highly sought-after area known for its convenience, amenities, and accessibility. It is surrounded by shops, restaurants, parks, schools, and other essential facilities, making it an ideal place to live or invest.

2. Twelve Units: The property consists of twelve individual units, providing ample space and flexibility. Whether you are looking to rent out the units, accommodate multiple families, or convert them into a boutique hotel or bed and breakfast, the options are endless.

4. Income Potential: With twelve units at your disposal, this property presents an excellent opportunity for generating income. You can rent out the units individually or explore other rental strategies to maximize your return on investment.

5. Potential for Customization: The property's layout and design allow for customization according to your specific needs and preferences. Whether you want to combine units to create larger living spaces or maintain them as individual units, the choice is yours.

6. Parking and Amenities: The property includes ample parking space for residents and visitors, ensuring convenience and ease. Additionally, there may be additional amenities such as a communal garden or recreation area, to enhance the overall appeal of the property.

7. Investment Potential: The perfect area and the demand for quality housing make this property an attractive investment opportunity. The potential for long-term appreciation and rental income make it an enticing option for savvy investors.

Don't miss out on this rare chance to own twelve units in a perfect area. Whether you are an investor seeking a profitable venture. Contact us today to arrange a viewing and secure your future in this prime location.

Features

Zoning
Mixed Use
Interior
12 Kitchens
16 Bathrooms
Sizes
Floor Size 606 m²
Parking Bays
12 Open Parkings
Additional Amenities
Family / TV Room
Guest Toilet
Access Gate
Fence
Garden
Paveway
Scenic View
Wall
Listing Info
Date Listed 21-06-24
Time Listed 12:25

Observatory, Johannesburg

Although Johannesburg is well known for its sprawling mining areas and abundance of factories and places for commerce and business. It is also well known for picturesque places in which to live. Glenvista is one such suburb, which will transport you into a different mindset from the one in which this highly regarded city is famous for.  Welcome to Glenvista, a place where one can unwind in a particular location of the city which is well regarded for being inspired by Europe. Although it has a formidable Portuguese community it still retains a distinctly universal charm. One of its leading attributes is that it retains certain natural elements that could only be found in Africa. The area falls within the mandate of the City of...
+ Read more
  • Street map
  • Street view
  • Google map for 606m² Apartment Block For Sale in Observatory

Finance

Calculators:
Can't find what you're
looking for?

Observatory in the
news

Buying or renting? Johannesburg is officially the most affordable metro
Johannesburg has emerged as a budget-conscious option for buyers and renters. Explore the data, factors driving the market, and affordable property options. Read article
Buying or renting? Johannesburg is officially the most affordable metro
Choose open-plan kitchens for cooking success
Open-plan or open-concept kitchens can be the main ingredient for better cooking. See why this layout has become a popular trend over the years. Read article
Choose open-plan kitchens for cooking success
Spotlight on new Johannesburg property developments
If you're looking to make the City of Gold your new address, these options are perfect to nest, rest, or invest. Read article
Spotlight on new Johannesburg property developments
Johannesburg a city of history
The city of Johannesburg is one of immense diversity, culture and history and this is why so many people visit year in and year out Read article
Johannesburg a city of history