The property, situated in the heart of Mamelodi and within close proximity to Mamelodi Mall, comprises a double stand improved with a multi-unit residential rental development consisting of thirty-six 36 income-generating units and one 1 office. The improvements further include twenty 20 ablution facilities with showers, of which five 5 units are fitted with en-suite bathrooms.
The property is fully paved, secured by two automated access gates, and provides adequate parking facilities for tenants and visitors. The development is fully tenanted, generating a monthly rental income exceeding R60,000, thereby presenting a viable income-producing investment opportunity.
The property is conveniently located near Mamelodi Mall, the local police station, and a public clinic, enhancing its desirability for residential letting.
Viewing of the property shall be strictly subject to the provision of a valid bond pre-approval. Alternatively, our in-house bond originator is available to assist prospective purchasers with obtaining such pre-approval. Cash purchasers will be required to provide proof of funds prior to the consideration of any viewing arrangement.