36 Bedroom Apartment For Sale in Nigel

Property description

Presenting a well-positioned residential apartment complex offering a solid income-generating opportunity in a convenient and established location.

The property is securely enclosed by perimeter boundary walls fitted with electric fencing, providing enhanced security and peace of mind. The complex comprises four double-storey apartment buildings with a total of 18 residential units, offering practical accommodation suitable for the affordable residential rental market and making it an attractive addition to any investment portfolio.

Each apartment offers:
2 bedrooms
1 bathroom
living area
Functional kitchen

The ground-floor units enjoy direct access to the communal garden, while the first-floor units feature private balconies extending from the living areas, providing additional outdoor living space.

For added convenience, each unit includes:
Dedicated parking bay
Prepaid electricity and water meters
Shared refuse disposal area
Property Features:
Automated access gate
Electric fencing
Visitor parking
Communal gardens

Ideally situated with easy access to the residential and commercial hubs of Springs, Nigel, and Delpark, the property is within close proximity to shopping centres, schools, healthcare facilities, recreational amenities, and other essential community services.

Investment Value
Priced at R 6,820,000, this fully developed residential complex presents an outstanding opportunity for investors seeking a stable, income-producing asset with excellent long-term growth potential. Whether you're looking to expand your property portfolio or secure a high-yield investment, this complex offers exceptional value in a sought-after location.