18 Bedroom Apartment Block For Sale in Sonheuwel

R9,500,000

Monthly Bond Repayment R101,310.81
Calculated over 20 years at 11.5% with no deposit.

Web Ref No RL19478

Calling all investors

Nestled in the heart of Sonheuwel, this charming apartment block presents an enticing investment opportunity. Conveniently located near the hospital, shops, and schools, it offers residents / guests easy access to essential amenities. Situated next to a picturesque greenbelt, it provides a serene environment amidst the hustle and bustle of urban life.

Comprising 12 units in total, the apartment block features a well-balanced mix of accommodation. Six one-bedroom units cater to singles or couples, while six two-bedroom units offer ample space for small families or individuals seeking extra room. Each unit is thoughtfully designed to maximize comfort and functionality, ensuring a cozy living experience. Business rights for a guesthouse for tourism accommodation are included in the price.

Parking is plentiful, ensuring residents and guests have convenient access to their vehicles. Additionally, an outdoor braai and picnic area provide a perfect setting for social gatherings and relaxation, enhancing the sense of community within the property.

This apartment block's security features includes the following: cameras, armed response, electric gate, and an electric fence.

Sold as a going concern, this property presents endless opportunities for investors looking to capitalize on the growing demand for rental accommodation in the area. Whether you're seeking steady rental income or looking to expand your property portfolio, this apartment block promises a lucrative investment in a prime location.

Features

Bedrooms 18
Bathrooms 12
Recep. Rooms 6
Floor Size 615m²
Land Size 1,090m²
Carports/Parkings 16
Furnished Yes

Extras 24 Hour Access
Balcony
Built in Wardrobes
Burglar Bars
Electric Fencing
Electric Gate
Open Plan Kitchen
Shade Net Covered
Shower, Toilet and Basin