- 16
- 16
- 1 038 m2
Monthly Costs
Monthly Bond Repayment ZAR .
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Mun. Rates & Taxes: ZAR 7000.00
Property description
Calling All Investors and Entrepreneurs: Income-Generating Opportunity in the Heart of Musgrave
For Sale: 8-Unit Apartment Block with 16 Bedrooms and 16 Bathrooms
This brand-new apartment block in the heart of Musgrave presents an exceptional investment opportunity. Featuring 8 spacious 2-bedroom units, each with a main bedroom en-suite, this property is perfectly positioned near UKZN, DUT, major hospitals, and the city center. This secure, upmarket complex is designed for convenience and a modern lifestyle.
Prime Location Highlights:
• Landmark location close to Toll Gate Bridge, ensuring high visibility for clients
• Neighboring businesses like Think 360 add to the area's prestige
• Situated off Ridge Road, one of the most sought-after locations in Musgrave
• Walking distance to Musgrave Centre and The Atrium
• Easy access to major freeways
• Close to top schools: DHS School, Ridge Park School, and Maris Stella
Property Features:
- 8 x 2-bedroom units, each offering:
- 2 bedrooms (main bedroom with en-suite)
- 2 bathrooms
- Fully fitted kitchen
- Open plan lounge and dining area
- Small laundry room
- 2 open bay parking spaces per unit
- 4 units with a patio, 4 units with a balcony
Building Amenities:
• Automated driveway gate
• Designated parking for each unit, plus visitor parking
• Clothes lines for residents' convenience
This apartment block is ideal for consortiums and offers endless possibilities for income generation. With its prime location, modern design, and proximity to key amenities, this is the perfect opportunity for investors with a vision for future growth. Don’t miss out on this lucrative opportunity!
Property Details
- 16 Bedrooms
- 16 Bathrooms
- 1 Ensuite
- 8 Lounges
- 8 Dining Area
Property Features
| Bedrooms | 16 |
| Bathrooms | 16 |
| Erf Size | 1 038 m2 |
