Exceptional Investment Opportunity: Sectional Title Block of Flats in Parkdene
Las Vegas 4 Waterson Road, Parkdene, Boksburg
Asking Price: R9 000 000
Looking for a stable, high-yield investment This sectional title block of flats offers an exceptional investment opportunity. Situated in a quiet residential node of Parkdene, this property has been a landmark in the area for over 50 years and is now available for purchase.
Why Invest Here
100 Occupied: 15 fully let units with a history of long-term, stable tenants.
Low Maintenance: The building has recently undergone exterior painting and renovations, giving it a modern and well-maintained appearance.
Prime Location: Within walking distance of top schools, doctors, and the new Parkdene Boulevard Centre.
Key Features: Ground-floor units with private gardens, top-floor units with balconies, prepaid electricity meters, and two parking spaces per unit one lock-up garage and one open bay.
Bonus: Sectional title rights are already in place.
Further Information:
Further information, including the rent roll, monthly operating costs, and financial information, will be made available to potential purchasers upon request.
All financial information provided will reflect the actual monthly collections and expenses paid from those collections. Prospective purchasers are advised to conduct their own calculations and due diligence based on the information provided to ensure they are fully familiar with the property''s income and expenses before concluding the purchase