An excellent opportunity to acquire a well-maintained, income-producing residential investment property situated at Dunnottar, Gauteng. This established apartment complex offers 16 residential units across four double-storey buildings, making it an attractive investment for buyers seeking stable rental income and long-term capital growth.
Positioned on a 1,887 m² erf, the property comprises a Gross Building Area (GBA) of 1,048 m² and a Gross Lettable Area (GLA) of 816 m². Each of the 16 apartments features two bedrooms, one bathroom, a lounge, and a kitchen, providing practical and affordable accommodation that appeals to a broad tenant market.
The property has been designed for convenience and security, with paved internal circulation areas, landscaped sections, uncovered parking bays, a guardroom, a dedicated refuse area, and perimeter boundary walls fitted with electric fencing.
Strategically located within the established suburb of Dunnottar, the property enjoys easy access to the surrounding commercial and residential hubs of Springs, Nigel, and Dalpark, where residents benefit from a wide range of shopping centres, schools, healthcare facilities, recreational amenities, and essential services.
Property Highlights:
Asking Price: R5 280 000
16 residential apartments
Four double-storey apartment buildings
Each unit comprises 2 bedrooms, 1 bathroom, lounge, and kitchen
Erf Size: 1,887 m²
Gross Building Area (GBA): 1,048 m²
Gross Lettable Area (GLA): 816 m²
Secure perimeter with electric fencing
Guardroom and uncovered parking
Well-positioned with excellent access to Springs, Nigel, and Dalpark
This is an ideal acquisition for investors looking to expand their residential property portfolio with a well-located asset offering strong rental demand and long-term investment potential.