Retail space in New Park
Prime Investment Opportunity Apartment Building in Strategic Location
Secure your future with this exceptional apartment building, ideally situated near a university, shopping mall, and hospitalensuring high rental demand and long-term value.
The property features:
36 well-designed one- and two-bedroom apartments, each with its own private bathroom
2 additional overnight rooms, perfect for short-term stays or extra income
A communal bathroom conveniently located in the passage
Dedicated office space for on-site management
Ample parking for tenants and visitors
Three-phase electricity, supporting efficient and reliable power supply
Zoned for Business Use, offering flexibility and potential for further development or mixed-use opportunities
This is a rare opportunity to invest in a high-potential income-generating property in a sought-after location.
Property details
- Listing number T5610159
- Property type Retail
- Listing date 3 Sep 2026
- Land size 1 236 m²
- Rates and taxes R 3 920