SOLE MANDATE
Web Ref CL34651
ON AUCTION 20 FEB 2025 - BLOCK OF 42 NEW APARTMENTS
Investment Opportunity: 42-Unit Block of Flats in Vanderbijlpark CBD – 93% Let, Huge Potential!
Auction Date: 20th February 2025
Presenting a prime opportunity to acquire a 42-unit block of flats located in the bustling heart of Vanderbijlpark's CBD. This property, currently 93% let, is poised for growth and offers significant potential for both immediate income generation and long-term appreciation.
The complex is split into two distinct blocks, providing urban living solutions to a diverse tenant base. These flats are ideally situated, with easy access to local amenities, transport hubs, and the vibrant city center, making them a highly desirable option for tenants.
Key Features:
- 42 Residential Units with high occupancy (93% let) - 33x2 BEDROOM APARTMENTS AND 9x1 BEDROOM APARTMENTS
- Two separate blocks offering a variety of layouts
- Urban lifestyle living in the central Vanderbijlpark area
- Strong demand from tenants, ensuring reliable rental income
- Massive potential for capital growth due to the location and increasing urbanization
Auction Date: 20th February 2025
Presenting a prime opportunity to acquire a 42-unit block of flats located in the bustling heart of Vanderbijlpark's CBD. This property, currently 93% let, is poised for growth and offers significant potential for both immediate income generation and long-term appreciation.
The complex is split into two distinct blocks, providing urban living solutions to a diverse tenant base. These flats are ideally situated, with easy access to local amenities, transport hubs, and the vibrant city center, making them a highly desirable option for tenants.
Key Features:
- 42 Residential Units with high occupancy (93% let) - 33x2 BEDROOM APARTMENTS AND 9x1 BEDROOM APARTMENTS
- Two separate blocks offering a variety of layouts
- Urban lifestyle living in the central Vanderbijlpark area
- Strong demand from tenants, ensuring reliable rental income
- Massive potential for capital growth due to the location and increasing urbanization
Features
Zoning
Mixed Use
Title
Freehold
Exterior
Security
Yes
Parking Bays
Covered Parkings
42
Sizes
Floor Size
2,500m²
Land Size
3,784m²
STREET MAP
STREET VIEW
