12 Bedroom Apartment For Sale in Sandton

Property description

Sandton
Dubbed "Africa’s richest square mile," Sandton is synonymous with high-end living and corporate culture. Its skyline is filled with sleek office towers, luxury apartments, and five-star hotels. Prestigious areas like Sandhurst and Morningside attract affluent buyers, while demand from Sandton moving companies highlights its investment potential. The mix of exclusivity and financial growth makes Sandton a cornerstone for long-term property value, especially as it is one of the most desirable locations in South Africa.
This is an ideal opportunity to enter the rental game with a block of 8 fully furnished apartments, on the border of Sandhurst/Parkmore

INCOME GENERATING APARTMENT BLOCK. Low maintenance, currently fully occupied. 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
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