Idasvallei · Apartment Block For Sale
400 m² Apartment Block For Sale in Idasvallei
- R 8,500,000
- 12 bd
- 6 ba
- 400 m²
Good Investment with a secure rental income
Exclusive Sole Mandate ! This stunning Apartment building features 6 units. Located in Rustenburg Street the Main Road of Idasvalley. This a brilliant investment opportunity. Close to shopping Malls, transport and schools. 2 of the units are zoned for commercial use, and is situated on the ground floor. The block is already sectional title, so each unit can therefore be sold separately in future. This living space is ideal for students or investors seeking a good rental return due to its convenient location near University faculties, campus facilities, cafes, and essential amenities.
The block is currently tenanted with no levies payable.
The sizes of the units are as?follows:
Unit 1 - 52 sqm
Unit 2 - 78 sqm
Unit 3 - 62 sqm
Unit 4 - 52 sqm
Unit 5 - 52 sqm
Unit 6 - 91 sqm
Total sqm 400 under roof and the stand is 496 sqm, with efficient parking space, behind a security gate. The property is completely walled, and low on maintenance, with so much potential.
You can use the commercial units to run your business from and live on the?premises, if that is a dream of yours.
Current Rental contracts in place
Don't miss this spectacular opportunity.?
Contact us today.
Property Information & Features
- Property Type
- Apartment Block
- Listing Type
- For Sale
- Location
- Idasvallei, Stellenbosch
- Price
- R 8,500,000 · Get Pre-Qualified
- Price per m²
- R 21,250
- Floor Size
- 400 m²
- Erf Size
- 496 m²
- Bedrooms
- 12
- Bathrooms
- 6
- Garages
- 9
- Residential Zoning
- Yes
- Security
- Yes
- Study/Office
- Yes