3 144 m² Commercial space in Primrose Hill

Residential Complex for Sale in Primrose Hill R20,000,000.00

Residential Complex for Sale in Primrose Hill R20,000,000.00

This distinctive residential complex in Primrose Hill offers a rare investment opportunity, comprising four separate apartment blocks, three of which rise to three stories. Each block features ground-floor lock-up garages allocated to tenants for secure parking and convenience. The complex consists of 40 sectional title flats, primarily designed as two-bedroom units with a bathroom, kitchen, and lounge, ranging in size from 58m to 90m. Every unit is equipped with prepaid electricity meters, providing tenants with flexibility and cost control.

The entire complex is being sold as one package, rather than individual sectional units, making it ideal for investors seeking a stable income-generating asset. With a current occupancy rate of approximately 90%, the property delivers consistent rental returns and strong growth potential. Positioned on Primrose Hill, the complex offers panoramic views stretching across Bedfordview, the Gilloolys Interchange, Sandton, and even as far as Midrand.

Dont miss out on this outstanding investment opportunity in a sought-after residential node. Contact the listed agent today for further details or to schedule a private viewing.