R9,500,000
Secure & Profitable Investment – 12-Unit Block with Business Rights & Plans Approved
A rare chance to acquire a high-performing asset with strong growth potential – this commercial apartment block features 12 fully furnished units and an already established, profitable business. Strategically located in a high-demand area, the property offers immense potential for both passive income and future growth, complete with approved plans for expansion.
Property Features:12 fully furnished units, including a mix of bachelor and two-bedroom apartments2 Bedroom Units x 6 - Each unit includes:Well-equipped kitchensPrivate bathroom facilitiesComfortable seating area with flatscreen TV1 Bedroom Units x 6 - Each unit includes:Well-equipped kitchenettePrivate bathroom facilitiesComfortable seating area with flatscreen TVModern interiors designed for guest comfort and convenience
Business Highlights:Established and profitable short-term rental/BnB business includedZoned for Bed & Breakfast operations with business rights in placeProven, continuously growing revenue modelApproved plans for expansion: additional 8-unit block ready for developmentExcellent opportunity to increase income and value
Safety & Security:Fully fenced property with electric gateElectric fencing and CCTV surveillance system for added peace of mind
Location Benefits:Prime location in a growing commercial and residential nodeClose proximity to major amenities and business areasHigh occupancy and rental demand in the area
Position yourself for long-term success with this valuable and income-producing commercial investment.
Book your private viewing today.
Agent/ Agency Registered with the PPRA.
Features
Exterior
Sizes
Extras
Near Medical Center • Covered Parking • Good reachable traffic • Brick • Pets Not Allowed • Built in Wardrobes • Near Hospital • Redeveloped • Near University/Campus • Braai • Near Shops • Near Public Transportation • Near Bus • Contemporary • Common Areas • Near Schools • Near Shopping Mall
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