R10,500,000

40 bedroom apartment for sale in Sydenham

42 Uitenhage Road
40 Beds
40 Baths
4,520m²
3,209m²
Rare Opportunity! 2 X Blocks Of Flats, With Ground Floor Retail!

Prime Investment Opportunity: Multi-Unit Property with Retail Outlets

Discover a unique investment opportunity with this exceptional property, featuring two blocks of flats and a standalone 3-bedroom house. Perfectly positioned to capitalise on rental income and commercial potential, this property is a rare find in today's market.

The residential component comprises 39 apartments spread across 1 to 3 storeys, offering a diverse range of living spaces to suit various tenant needs.

The breakdown includes 18 bachelor units, 6 one-bedroom units, 9 two-bedroom units, and 6 three-bedroom units, plus a freestanding three-bedroom house.

Complementing the residential offerings are 5-6 ground floor retail outlets, encompassing approximately 1209 square meters.

These spaces provide an excellent opportunity for businesses looking to establish a presence in the area, benefiting from built-in customer-base from the residential apartments above.

Tenants will appreciate the convenience of 46 secure off-street parking bays, ensuring easy access and peace of mind for all.

While every effort has been made to ensure the accuracy of the information provided, prospective purchasers are encouraged to verify details independently.

Don't miss out on this remarkable investment opportunity. Contact me today to arrange a viewing and explore the full potential of this property!

Property Type
Apartment
Bedrooms
40
Bathrooms
40
Stand Size
3,209m²
Building Size
4,520m²
Open Parking
46
Prepaid Electricity
Yes
Uncovered Parking
Yes
Bachelor
Yes
Commercial Property
Yes
For Sale
Yes
Investment Opportunity
Yes
Parking
Yes
Rare opportunity
Yes
Reference
2329269
Pets Allowed
No
Address
42 Uitenhage Road
Property history
Listed for sale at R10,500,000
18 Oct 2024
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