Malvern · Apartment Block For Sale
Apartment Block For Sale in Malvern
- R 16,000,000
- 30 bd
- 27 ba
A great investment opportunity is now available in the sought-after Malvern area. The developer has created 12 x 3 bed, 2 baths, 2 parking units all with the exact layout and a generous apartment for himself on this property. This is a massive 3-bedroom apartment with excellent modern finishes. The complex is not sectionalised and has a great ROI for sectionalising and selling off the units individually or keep as is. The current rental yield is R100 000pm but not all units are currently occupied. The estimated rental income could be R1440 000pa. This is a must see for any consortium purchase or an individual looking to increase their property portfolio. This is one of 2 complexes for sale, the other being an 8-apartment complex in Umhlatuzana, Chatsworth.
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Property Information & Features
- Property Type
- Apartment Block
- Listing Type
- For Sale
- Location
- Malvern, Queensburgh
- Price
- R 16,000,000 · Get Pre-Qualified
- Erf Size
- 4048 m²
- Bedrooms
- 30
- Bathrooms
- 27
- Residential Zoning
- Yes
- Staff Quarters
- Yes
- Study/Office
- Yes
- Swimming Pool
- Yes
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