Property features

R9 500 000

Property Details

A rare chance to acquire a high-performing asset with strong growth potential – this commercial apartment block features 12 fully furnished units and an already established, profitable business. Strategically located in a high-demand area, the property offers immense potential for both passive income and future growth, complete with approved plans for expansion. Property Features:12 fully furnished units, including a mix of bachelor and two-bedroom apartments2 Bedroom Units x 6 - Each unit includes:Well-equipped kitchensPrivate bathroom facilitiesComfortable seating area with flatscreen TV1 Bedroom Units x 6 - Each unit includes:Well-equipped kitchenettePrivate bathroom facilitiesComfortable seating area with flatscreen TVModern interiors designed for guest comfort and convenience Business Highlights:Established and profitable short-term rental/BnB business includedZoned for Bed & Breakfast operations with business rights in placeProven, continuously growing revenue modelApproved plans for expansion: additional 8-unit block ready for developmentExcellent opportunity to increase income and value Safety & Security:Fully fenced property with electric gateElectric fencing and CCTV surveillance system for added peace of mind Location Benefits:Prime location in a growing commercial and residential nodeClose proximity to major amenities and business areasHigh occupancy and rental demand in the area Position yourself for long-term success with this valuable and income-producing commercial investment. Book your private viewing today. Agent/ Agency Registered with the PPRA.