37 Bed Apartment/Flat for Sale Mamelodi East Pretoria

Property Details

Inviting serious buyers to view and negotiate an Investment Opportunity of 37-Unit Apartment/Flat with Comprehensive Amenities This prime investment property consists of a well-maintained 37-unit apartment complex, fully tenanted and generating consistent rental income. The property offers a blend of desirable features and strategic amenities, providing long-term income potential and strong tenant retention. Property Features: • 37 Fully Tenanted Apartments: The complex is fully occupied with reliable tenants, ensuring immediate and steady cash flow from rental income. • 17 Parking Spaces: Ample parking is provided with 17 dedicated spaces, offering convenience for tenants and enhancing the appeal of the property. • Security-Focused Environment: The property is securely enclosed with a perimeter fence and features an electric gate, ensuring safety and privacy for all residents. • Shared Amenities: Tenants enjoy access to a well-maintained communal braai area, perfect for socializing and enhancing the overall living experience. Additionally, the complex includes on-site laundry rooms, further increasing tenant satisfaction and convenience. • Prime Location: Situated in a sought-after area with easy access to public transportation, retail outlets, and essential services, the property attracts long-term, reliable tenants. Rental Income of R74 000 monthly. Fully tenanted units, secure and desirable amenities, and a prime location, this 37-unit apartment complex offers a solid opportunity for stable returns. The combination of rental income, high tenant demand, and low operational risk makes this an attractive option for both seasoned investors and those looking to enter the property market. This investment opportunity offers not only immediate income but also the potential for long-term capital growth. The comprehensive security measures, ample parking, and resident-friendly amenities further add value to the property, ensuring it remains a competitive asset in the rental market.