NEW
Web Ref VPR338
R12,000,000
Monthly Bond Repayment R123,862.60
Calculated over 20 years at 11.0% with no deposit.
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Monthly Rates
R3,050
R3,050
Entire 40-Unit Apartment Building for Sale – Full Ownership & No Levies!
Take advantage of this rare opportunity to purchase a fully owned residential apartment building consisting of 40 income-generating flat units. Whether you’re a seasoned property investor or a visionary looking to enter the rental market at scale, this building offers the freedom, flexibility, and financial reward you're looking for.
Property Highlights:
Full Ownership: You own the entire building—no sectional titles, no shared management, and no levies. You control everything.
Rental Income Potential: Each of the 40 units is designed for tenant comfort and consistent occupancy. Generate stable, passive monthly income with the potential to increase returns through smart upgrades or optimized rentals.
Ideal for Investors: A property of this size and setup is perfectly suited for large-scale rental strategies—long-term leases, student housing, or staff accommodation.
Low Overheads: Without a body corporate or shared expenses, your operational costs remain low, and your profits high.
High Demand Area: Located in Sunnyside, this property benefits from strong rental demand due to proximity to the city, universities and colleges
Solid Structure: The building is in good condition, with scope to renovate or modernise units to further increase value and rent. Fully operational elevator also included
Whether you're looking to generate monthly rental cash flow or hold for long-term capital appreciation, this is a rare find with huge upside potential.
Contact me today to arrange a viewing
Property Highlights:
Full Ownership: You own the entire building—no sectional titles, no shared management, and no levies. You control everything.
Rental Income Potential: Each of the 40 units is designed for tenant comfort and consistent occupancy. Generate stable, passive monthly income with the potential to increase returns through smart upgrades or optimized rentals.
Ideal for Investors: A property of this size and setup is perfectly suited for large-scale rental strategies—long-term leases, student housing, or staff accommodation.
Low Overheads: Without a body corporate or shared expenses, your operational costs remain low, and your profits high.
High Demand Area: Located in Sunnyside, this property benefits from strong rental demand due to proximity to the city, universities and colleges
Solid Structure: The building is in good condition, with scope to renovate or modernise units to further increase value and rent. Fully operational elevator also included
Whether you're looking to generate monthly rental cash flow or hold for long-term capital appreciation, this is a rare find with huge upside potential.
Contact me today to arrange a viewing
Features
Pets Allowed
No
Interior
Bedrooms
40
Bathrooms
40
Kitchen
40
Reception Rooms
40
Furnished
No
Exterior
Security
Yes
Parkings
32
Pool
No
Sizes
Land Size
1,160m²
