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Apartment
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for sale
R 3 500 000
Commercial Property in Townsview For Sale
Glenanda
· 8 Bedrooms · 8 Baths · Apartment
· Parking
Glenanda · 8 Bedrooms · 8 Baths · Apartment · Parking
An exceptional opportunity awaits investors with this full sectional title commercial property in Ridge Heights. This well-maintained building comprises 10 residential flats and 7 garages, offering a versatile income-generating asset in a sought-after location. Property Breakdown: Flats: 7 One-bedroom units (potential rental income: ±R4,500 each per month) 2 Bachelor units (potential rental income: ±R3,500 each per month) Garages: 3 garages (Sections 11, 12, 13) – rented at ±R500 each per month 4 garages (Sections 14, 15, 16, 17) – rented at ±R800 each per month Investment Highlights: Strong rental potential with steady income streams from both residential units and garages Prime sectional title ownership allows flexibility for individual or bulk sales Centrally located with excellent access to amenities and transport routes Whether you're looking to expand your property portfolio or secure a high-yield investment, this offering delivers excellent value with a balanced mix of residenti
An exceptional opportunity awaits investors with this full sectional title commercial property in Ridge Heights. This well-maintained building comprises 10 residential flats and 7 garages, offering a versatile income-generating asset in a sought-after location. Property Breakdown: Flats: 7 One-bedroom units (potential rental income: ±R4,500 each per month) 2 Bachelor units (potential rental income: ±R3,500 each per month) Garages: 3 garages (Sections 11, 12, 13) – rented at ±R500 each per month 4 garages (Sections 14, 15, 16, 17) – rented at ±R800 each per month Investment Highlights: Strong rental potential with steady income streams from both residential units and garages Prime sectional title ownership allows flexibility for individual or bulk sales Centrally located with excellent access to amenities and transport routes Whether you're looking to expand your property portfolio or secure a high-yield investment, this offering delivers excellent value with a balanced mix of residenti
R 3 500 000