- 12
- 4
Monthly Costs
Monthly Bond Repayment ZAR .
Calculated over years at % with no deposit. Change Assumptions
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Mun. Rates & Taxes: ZAR 1429.00
Property description
Multi-Unit Investment Property in Bellevue - 12 Bedrooms, Four Apartments
This exceptional apartment building in Bellevue offers an outstanding investment opportunity for large families or property investors seeking reliable income generation. Located just one block from Observatory, the property comprises four spacious, self-contained apartments, each featuring 3.5 bedrooms, a generous lounge and dining area, a full bathroom, equipped kitchen, and dedicated parking. The prime location ensures strong tenant demand and excellent rental potential.
The property generates substantial monthly income of approximately R22,000, providing immediate cash flow for investors. Two additional rooms on the top floor offer further income-generation opportunities, maximising the property's earning potential. Each apartment is independently configured, allowing flexible management and the ability to cater to different tenant profiles. The building benefits from secure access gates and electric fencing, ensuring resident safety and property security.
Key Features
Four fully self-contained apartments with 3.5 bedrooms each
Four kitchens, four lounges, and four dining areas
Four bathrooms with dedicated facilities per apartment
Two additional rooms on top floor for extra income
Estimated monthly rental income of R22,000
Secure access gates
Dedicated parking for each apartment
Prime Bellevue location near Observatory
Priced attractively below market value due to the seller's relocation, this property represents excellent value for investors seeking a turnkey income-producing asset. The established rental history and strong location fundamentals make this an ideal choice for portfolio diversification. Contact us today to arrange a viewing and explore this compelling investment opportunity.
Property Details
- 12 Bedrooms
- 4 Bathrooms
- 4 Lounges
- 4 Dining Area
Property Features
- Access Gate
- Kitchen
- Family TV Room
| Bedrooms | 12 |
| Bathrooms | 4 |
