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12 Bedroom Apartment For Sale in Sandton

145 1st Street, Sandton, Gauteng, South Africa
R 18430000
RunningCosts Bond
Costs
Property Type Apartment
Erf Size 991 m2
Levies R 0
Listing Date November 01, 2024
Floor Size 820 m2
Rates and Taxes R 5535.6
Details
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Property description

Apartment Block in Sandton - Dubbed "Africa’s richest square mile," Sandton is synonymous with high-end living and corporate culture. A smart investment potential. With the increase in demand of short term rentals given the the number of conferences booked in Sandton, this property would suite an astute investor seeking a lucrative opportunity, this property offers endless possibilities.
INCOME GENERATING APARTMENT BLOCK. Full title building. Low maintenance.. Make the smart choice and invest in this property today!

8 apartments
Three x 2 bedrooms, 2 bathrooms and loft
Four x 1 bedroom, 1 bathroom (executive)
One x 2 bedroom, 1 bathroom (small caretaker)

Each unit -
2 parking spaces per flat except no 8 only 1
Solar geysers
Solar panels / Invertors
Full bathrooms
Gas Stoves
Granite tops
Kitchen island
3 appliance
Air-conditioners
Low e glazing aluminum windows
Covered outdoor patios
Dstv dishes
Alarm
Fibre

Under cover secure parking
Storage rooms
Views to Sandton City Skyline

Additional
Tank room for water harvesting
Utility room for ironing and db boards etc
Cameras for security
Electric fence
Electric gates and garage doors
Generator shared with No 143
Connection to put in EV charger
Electric fence
Fully furnished includes crockery/cutlery/microwave/toaster/linen/dishwasher/washing machine/tumble dryer/TV

Alongside the block is a grassed area with exclusive use, with built in braais and washing lines
Access through Secure gate across cul-de-sac. Shared with 2 other properties
Extra parking space at end of cul-de-sac for visitors
Income from successfully managed with short-term and long-term regular rentals.
Registered on Airbnb

NO TRANSFER DUTY - VAT APPLICABLE

Option to purchase property next door with 4 bedroom en-suite in main house, 5 garages and 2 income producing cottages – 2 bedrooms, 1 bathroom & 3 bedrooms 2 bathrooms, own entrance and parking to further enhance the income

SELLER WILLING TO NEGOTIATE AND WILL CONSIDER ALL WRITTEN OFFERS PRESENTED
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  • Store Room
  • Patio
  • Freehold
  • Security Features
  • Sea View
  • Laundry
  • Flooring: Tiles
  • Walling: Fully Walled

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