Primrose - MR717776

Commercial in Primrose, Gauteng - East Rand, Gauteng

R 2,950,000

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Primrose - MR717776
Commercial in Primrose, Gauteng - East Rand, Gauteng
R 2,950,000
Commercial for Sale For Sale in Primrose - MR717776
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Key Features

Rooms

  • 11 Bedrooms
  • 11 Bathrooms

More Features

  • Property Type - Commercial
  • Seller Type - Private Property

MyRoof Stats

  • 11 Views
PID=717776 DID=741792 SID=1

PRIME INVESTMENT OPPORTUNITY | FULLY TENANTED BLOCK OF FLATS IN PRIMROSE | INCOME GENERATING MONTHLY RENTAL INCOME R42 [hidden]

Why to Buy?

- Fully tenanted block of flats
- Total of ten apartments and one separate flatlet
- Current monthly rental income R42,[hidden]
- Each apartment includes one bedroom, 1 bathroom a kitchen and a lounge
- Prepaid electricity meters in each apartment
- Eight dedicated parking spaces

Presenting an exceptional investment opportunity, this fully tenanted block of flats is strategically located in the established suburban area of Primrose, Germiston. Boasting a robust current monthly rental income of R42,[hidden], this property offers immediate returns for discerning investors seeking a stable and lucrative asset.

The complex comprises ten well-maintained apartments, thoughtfully distributed with five units on the ground floor and five on the first floor. Each apartment is designed for comfortable living, featuring one bedroom, a private bathroom, a functional kitchen, and a lounge area. A significant advantage for both tenants and landlords, every apartment is equipped with individual prepaid electricity meters, ensuring efficient utility management.

Adding further value and income potential, the property includes a separate flatlet, bringing the total number of rentable units to eleven. This dual-living arrangement enhances the property's appeal and flexibility. Situated on a generous 737m² erf, the property also provides eight dedicated parking spaces, a crucial amenity in any residential development. This offering represents a compelling acquisition for those looking to expand their property portfolio with a high-performing asset.

We invite serious investors to arrange a private viewing to fully appreciate the potential of this outstanding commercial sale.

It's an opportunity not to be missed

Neighbouring Areas

Alberante , Alberton , Alphen Park , Aston Manor , Atlasville , Bardene , Bedford Gardens , Bedford Park , Bedfordview , Bedworth Park , Benoni , Benoni AH , Benoni East AH , Benoni Orchards , Benoni South , Benoni Western , Birch Acres , Birchleigh , Boat Lake Village , Bonaero Park , Bredell AH , Brentwood , Bruma , Caro Nome AH , Chloorkop , Cloverdene , Cresslawn , Dayanglen , Dewittsrus , East Germiston , Edenvale , Fairleads , Germiston , Germiston South , Glen Erasmia Boulevard , Glen Marais , Goedeburg , Hillcrest , Impala Park , Kempton Park , Kempton Park AH , Kilfenora , Kleinfontein , Lakeside , Lambton , Lambton Gardens , Linksview , Mayfield , Nest Park , Norkem park , North Germiston , Northmead , Primrose , Primrose Hill , Rhodesfield , Roodebult , Rynfield , Rynfield AH , Rynpark , Serengeti Golf and Wildlife Estate , Van Riebeeckpark , Wadeville , Witfield

Areas in this Region

Actonville , Albemarle , Albertsdal , Allan Grove , Alliance , Alra Park , Anderbolt , Anzac , AP Khumalo , Aston Lake , Bakerton , Bartlett AH , Barvallen , Bassonia Rock , Berton Park , Beyers Park , Birchleigh North , Bluegum View , Boksburg , Boksburg North , Boksburg South , Bothasgeluk AH , Brackendowns , Brackenhurst , Brakpan , Brenthurst , Brentwood Park , Brentwood Park AH , Bultfontein 192-Ir , Cason , Casseldale , Castleview , Cerutiville , Chris Hani , Cinderella , Clearwater Estate , Comet , Country View , Credi , Cruywagenpark , Crystal Park , Daggafontein , Dal Fouche , Dalpark , Dalview , Danie Taljaard Park , Daveyton , Dawn Park , Delmore , Delmore Park , Denneoord , Dersley , Dewald Hattingh Park , Dinwiddie , Driefontein 85-Ir , Duduza , Dunnottar , East Geduld , Ebotse Golf and Country Estate , Edelweiss , Eden Park , Edleen , Elandsfontein Rail , Elspark , Esther Park , Eveleigh , Farrar Park , Farrarmere , Ferryvale , Florentia , Freeway Park , Geduld , Geluksdal , General Albertspark , Glenverloch , Groeneweide , Hallgate AH , Hazel Park , Hazeldene , Heidelberg - GP , Helderwyk Estate , Hlanganani Village , Hughes , Huntingdon , Jameson Park , Jan Smuts Ville , Jansen Park , Katlehong , Kaydale AH , Kenleaf , Kingsway , Klippoortjie AH , Knoppiesfontein , Krugersrus , Kwa-Thema , Lakefield , Langaville , Larrendale , Laversburg , Leachville , Libradene , Likole , Lilianton , Lilyvale AH , Lodeyko , Mabuya Park , Mackenzie Park , Mackenzieville , Mapleton , Marister AH , Masetjhaba View , Mavimbela , Mayberry Park , Meyersdal , Mimosa Park , Minnebron , Modder East , Modderfontein 76-Ir , Moleleki , Morehill , Morganridge , Muswelldale , New Era , New Modder , New Redruth , New State Areas , Newmarket Park , Nhlapo , Nigel , Northvilla , Norton Small Farms , Norton's Home Estates , Noycedale , Nuffield , Othandweni , Palm Ridge , Parkdene (JHB) , Parkhaven , Parkrand , Paul Krugersoord , Payneville , Persida , Petersfield , Petit , Plantation , Pollak Park , Pomona , Presidentsdam , Raceview , Ramakonopi , Ramakonopi East , Rand Collieries Sh , Randhart , Ravensklip , Ravenswood , Reiger Park , Restonvale AH , Rondebult , Roodekop , Rosedene , Rowhill , Salfin , Selcourt , Selection park , Shangrila , Sharon Park , Sherwood Gardens , Siluma view , Sonneveld , South Crest , Southdowns Estate , Spaarwater , Springs , Spruitview , Strubenvale , Struisbult , Sunair Park , Sunward park , Tamboville , Tedstone Ville , Terenure , The Stewards , Thokoza , Tsakane , Van Dykpark , Van Ryn S/H , Vergenoeg , Verwoerdpark , Villa Liza , Vischkuil , Vosloorus , Vosloorus Ext 31 , Vosterkroon , Vredebos , Vulcania , Welgedacht , Westwood AH , Windmill Park , Witfontein , Withok Estates , Witpoort Estates , Zonkizizwe


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