The Perfect Investment Opportunity: Unfinished 16-Bedroom Apartment Block with Approved Plans
Seize the chance to complete and capitalize on a prime property investment! Legacy Real Estate Group presents a substantial, unfinished apartment building with complete, approved architectural plans included in the sale, ready for immediate progression. This is a unique opportunity for developers, investors, or syndicates to realize significant returns in a high-demand rental market.
Building Overview & Prime Location
This structure is designed to house eight self-contained, high-value apartment units, totaling 16 bedrooms.
Unit Breakdown (8 Total Units):
Each unit is meticulously planned to offer generous living space and a comfortable, modern layout:
2 Bedrooms
1 Bathroom
Kitchen
Open-Plan Lounge Area
🌟 Location, Location, Location!
This property is perfectly situated for maximum rental appeal and convenience. It is located a stone's throw away from Brickfield Road and offers effortless access to:
Major Transport Routes: Ensuring easy commuting for all residents.
Schools: Essential for families.
Local Shops: Immediate access to amenities and daily necessities.
Religious Worship Places: Catering to community needs.
Key Features & Existing Progress:
Ready-to-Complete: The structure is in place, and the hard work of initial construction is done.
Partial Finishes: Two of the eight units have commenced internal finishes, providing a clear vision of the completed standard:
Tiles installed
Partial lighting installed
Bathrooms fully plumbed and partially installed
Architectural Design Highlights:
Upstairs Units (4)(Average 65m2) : Feature private, spacious balconies perfect for outdoor relaxation.
Downstairs Units (4)(Average 111m2): Include private, allocated outdoor patios, extending the living space.
Communal Area: The property features a large communal outdoor area for all residents, enhancing lifestyle and appeal.
Parking: A secure undercover parking area is provided, accommodating up to 10 cars. Each of the 8 units is allocated 2 parking bays.
The Investment Advantage
Turn-Key Development: Approved plans mean minimal delays and a fast track to completion and occupancy.
Customization Potential: The unfinished state allows the new owner to select final finishes (flooring, cabinetry, fixtures) to meet specific market trends and maximize rental yields.
Immediate Equity Growth: Completing the building will instantly unlock substantial equity and allow for immediate returns through rental income or sectional title sales.
High Unit Count: Eight separate two-bedroom units offer diversified income streams and high rental desirability.
Don't miss out on this exceptional chance to secure a profitable and scalable asset in a thriving, centrally located area.
INVESTORS, DEVELOPERS, ACT NOW!
This opportunity is priced for a quick sale, factoring in the completion cost and the immense value upon stabilization.
Contact us today to receive the full plans, scope of work, and to schedule a private viewing of this exceptional development site.
📞 [068 169 0185]
Serious Enquiries Only.
Building Overview & Prime Location
This structure is designed to house eight self-contained, high-value apartment units, totaling 16 bedrooms.
Unit Breakdown (8 Total Units):
Each unit is meticulously planned to offer generous living space and a comfortable, modern layout:
2 Bedrooms
1 Bathroom
Kitchen
Open-Plan Lounge Area
🌟 Location, Location, Location!
This property is perfectly situated for maximum rental appeal and convenience. It is located a stone's throw away from Brickfield Road and offers effortless access to:
Major Transport Routes: Ensuring easy commuting for all residents.
Schools: Essential for families.
Local Shops: Immediate access to amenities and daily necessities.
Religious Worship Places: Catering to community needs.
Key Features & Existing Progress:
Ready-to-Complete: The structure is in place, and the hard work of initial construction is done.
Partial Finishes: Two of the eight units have commenced internal finishes, providing a clear vision of the completed standard:
Tiles installed
Partial lighting installed
Bathrooms fully plumbed and partially installed
Architectural Design Highlights:
Upstairs Units (4)(Average 65m2) : Feature private, spacious balconies perfect for outdoor relaxation.
Downstairs Units (4)(Average 111m2): Include private, allocated outdoor patios, extending the living space.
Communal Area: The property features a large communal outdoor area for all residents, enhancing lifestyle and appeal.
Parking: A secure undercover parking area is provided, accommodating up to 10 cars. Each of the 8 units is allocated 2 parking bays.
The Investment Advantage
Turn-Key Development: Approved plans mean minimal delays and a fast track to completion and occupancy.
Customization Potential: The unfinished state allows the new owner to select final finishes (flooring, cabinetry, fixtures) to meet specific market trends and maximize rental yields.
Immediate Equity Growth: Completing the building will instantly unlock substantial equity and allow for immediate returns through rental income or sectional title sales.
High Unit Count: Eight separate two-bedroom units offer diversified income streams and high rental desirability.
Don't miss out on this exceptional chance to secure a profitable and scalable asset in a thriving, centrally located area.
INVESTORS, DEVELOPERS, ACT NOW!
This opportunity is priced for a quick sale, factoring in the completion cost and the immense value upon stabilization.
Contact us today to receive the full plans, scope of work, and to schedule a private viewing of this exceptional development site.
📞 [068 169 0185]
Serious Enquiries Only.
Monthly Rates
R2,490
Features
Interior
Exterior
Sizes
Listing Info
Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
Disclaimer
While every effort will be made to ensure that the information contained within the Legacy Real Estate Group website is accurate and up to date, Legacy Real Estate Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
