Discover a compelling investment in the neighbourhood of Bellevue East, strategically situated between Yeoville and Louis Botha Avenue. This well-located apartment block presents an excellent opportunity for investors seeking a solid return in the Johannesburg real estate market.
Property Highlights:
- Unit Configuration: 35 well-finished units, including a mix of 1-bedroom, 2-bedroom, and studios, all featuring built-in cupboards, separate bathrooms, and fully equipped kitchens.
- Parking Facilities: Secure underground parking available for approximately 15 vehicles
- Energy Efficiency: The building is equipped with heat pumps, providing a sustainable and cost-effective solution for hot water supply.
Key Investment Metrics:
- Average Rental: R4500 per unit (excluding pay-as-you-go electricity)
- Yield: A robust 14%, factoring in a 5% vacancy rate
- Asking Price: R9,000,000.00
This apartment block stands out as an exceptional investment opportunity, offering a diverse range of well-finished units, secure parking facilities, and energy-efficient features. With an attractive 14% yield and a strategic location, this property is poised to deliver both immediate returns and long-term growth.
Secure your stake in Bellevue East''s dynamic real estate landscape. Act now to schedule a viewing and explore the full potential that this investment holds. Contact us today to take the next step towards enhancing your property portfolio with this outstanding opportunity.
Key Property Features
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