R45,000,000
R45,000,000
Monthly Bond Repayment R487,668.18
Calculated over 20 years at 11.75% with no deposit.
Change Assumptions
High Income Generating Block Of Flats In Killarney
Nestled in the vibrant heart of Killarney, this captivating property offers an unbeatable location, just a brief 5-minute stroll to Killarney Mall and a mere 7-minute drive to Rosebank Mall and other prominent shopping destinations. With 32 residential units spread over 4 floors, there is potential to reconfigure them into more spacious layouts. Encompassing a total area of 14,750 square meters, the property also features ample underground parking.
INVESTMENT PROFILE:
All units are currently tenanted and comprise of the following sizes:
8 x 1 Bedroom Apartment, measuring 150m2
22 x 2 Bedroom Apartments, measuring 180 -200m2
1 x 3 Bedroom Apartments, measuring 420m2
1 x 2 Bedrooms Apartment, measuring 100m2
28 x Covered Parking Bays
Conveniently situated in the bustling hub of Killarney, a prime commercial suburb with a strong residential presence, the property offers swift access to the M1 South and M1 North highways, providing easy reach to Johannesburg CBD, Sandton City, and various other parts of the city.
Within close proximity to former President Nelson Mandela's residence on 11th Avenue, Houghton Golf Club, Rosebank Gautrain Station, and an array of retail options, this locale also provides diverse public transport alternatives.
This area is brimming with all major and minor amenities to cater to every need.
Features
Interior
Sizes
Extras
Covered Parking • Near Shopping Mall • Garage • Built in Wardrobes • Pets Not Allowed • Near Public Transportation • En-suite Bathroom • Near Highway • Staff Accommodation • Balcony • Near Shops • Unfurnished • Built In Appliances
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