R 20 000 000
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45 Bedroom House in Albertynshof

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45 27 30 2 424 m² 3 500 m²

Investment Opportunity in a Central Location [removed] 27-Unit Apartment Block Close to University

This well-maintained apartment building offers a rare investment opportunity in a central and highly convenient location, within walking distance to the university and close to town amenities.

Consisting of 27 spacious flats 18 two-bedroom apartments and 9 one-bedroom apartments this property is ideally suited for residential rental or conversion to student accommodation, offering strong potential for increased returns.

The building currently generates a solid annual income of R1 905 000, with established tenants already in place. All units are equipped with pre-paid electricity meters, and the property includes 30 parking bays, providing ample secure parking for residents.

Contact us today for more information or to arrange a viewing.

Property details

  • Listing number T5031473
  • Property type House
  • Listing date 4 Apr 2025
  • Land size 2 424 m²
  • Floor size 3 500 m²
  • Rates and taxes R 16 058

Property features

  • Bedrooms 45
  • Bathrooms 27
  • Lounges 27
  • Covered parking 30

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