16 Bedroom Apartment For Sale in Sandton

Property description

APARTMENT BLOCK FOR SALE – MARLBORO GARDENS

Exceptional Investment Opportunity!

Asking Price: R8 250 000
Offers Welcome!

An outstanding income-generating property in the highly sought-after area of Marlboro Gardens. Situated in a high-demand rental market, this apartment block offers investors consistent returns and excellent growth potential. The property is fully tenanted, ensuring immediate income from day one, with strong demand from prospective tenants in the area.

Property Features:

8 Modern Apartments
Each unit consists of:

2 Spacious Bedrooms
2 Bathrooms
Main Bedroom with En-Suite Bathroom
Modern Finishes

Individual Prepaid Electricity Meters for All Units
Borehole Water Supply
Well-Maintained and Low-Maintenance Investment

Income & Expenses:

Rental Income: R8 500 per unit
Water Charge: R500 per unit

Total Monthly Rental Income: R68 000

Rates & Taxes: R1 800 per month
Electricity Rebates: Up to 90% Return

Investment Highlights:

Fully Tenanted – Immediate Return on Investment
Located in a High-Demand Rental Area
Consistent Demand from Prospective Tenants
Strong Monthly Cash Flow
Modern, Tenant-Friendly Apartments
Individual Prepaid Meters Reduce Management Costs
Borehole Water Supply Adds Value and Reliability
Excellent Long-Term Capital Growth Potential

Don't miss this rare opportunity to own a fully occupied apartment block with a proven rental income stream.

Price: R8 250 000 – Offers Welcome!

Secure a solid investment in a thriving rental market today!