16 Bedroom Apartment For Sale in Roodepoort

Property description

An investment opportunity for property investors.

This apartment block presents a strong investment opportunity, offering consistent rental income and future development upside. With 16 fully tenanted bachelor units, modern conveniences, and ongoing compliance improvements, the property is ideal for investors seeking immediate returns with growth potential. Property is located close to a shopping centre, schools and transport.

Key Features:

16 subdivided bachelor units
Each unit includes a private bathroom with shower
Individual geysers per unit
Prepaid electricity meters installed
Fully tenanted – generating immediate income
Strong return on investment (ROI)
Parking space available for 4 vehicles
Building is approximately 80% compliant
Zoned property
Application submitted for parking relaxation
Application submitted for building relaxation
Letter of consent in place
Fibre-ready connectivity
DSTV-ready units
Revised building plans application in progress
Property needs some tender loving care(tlc)

To secure this opportunity, schedule an exclusive viewing ASAP