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R19,800,000

14 bedroom apartment for sale in Parkmore

14 Beds
14 Baths
820m²
991m²
Furnished
Income Generating Apartment Block For Sale

INCOME GENERATING APARTMENT BLOCK. Across Sandton Dr from Sandton City This is an incredible opportunity to own an APPARTMENT BLOCK in Sandhurst. Low maintainence, currently fully occupied. Make the smart choice and invest in this property today! Why buy one when you can own 8 fully furnished very modern income producing apartments.

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

Full bathrooms

Gas Stoves

Granite tops

Kitchen island

Place for 2/3 appliance

Air-conditioners

Low e glazing aluminum windows

Covered outdoor patios

Dstv dishes

Alarm

Fibre

Inverter

Under cover secure parking

Views to Sandton City Skyline

Additional

Tank room for water harvesting

Utility room for ironing and db boards etc

Cameras for security

Electric gates and garage doors

Generator shared with No 143

Storage rooms

Connection to put in EV charger

Electric fence

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

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

Call for an exclusive viewing

Property Type
Apartment
Bedrooms
14
Bathrooms
14
Stand Size
991m²
Building Size
820m²
Living Area
9
Study
8
Covered Parking
12
Furnished
Yes
Reference
OYR3741
Property history
Listed for sale at R19,800,000
01 Nov 2024
Get to know Sandton
Considered as the heart of Johannesburg, Sandton is one of the most important financial and business hubs in South Africa. It attracts many industry business powerhouses to its centre and along with it comes those seeking to make a name for themselves here.
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