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40 Bedroom Apartment Block For Sale in Sunnyside
40 Bedroom Apartment Block For Sale in Sunnyside
40 Bedroom Apartment Block For Sale in Sunnyside
40 Bedroom Apartment Block For Sale in Sunnyside
40 Bedroom Apartment Block For Sale in Sunnyside
40 Bedroom Apartment Block For Sale in Sunnyside
40 Bedroom Apartment Block For Sale in Sunnyside
40 Bedroom Apartment Block For Sale in Sunnyside
40 Bedroom Apartment Block For Sale in Sunnyside
40 Bedroom Apartment Block For Sale in Sunnyside
40 Bedroom Apartment Block For Sale in Sunnyside
40 Bedroom Apartment Block For Sale in Sunnyside

40 Bedroom Apartment Block For Sale in Sunnyside

R12,000,000

Monthly Bond Repayment R123,862.60
Calculated over 20 years at 11.0% with no deposit.

Web Ref VPR338
Monthly Rates R3,050

Entire 40-Unit Apartment Building for Sale – Full Ownership & No Levies!

Take advantage of this rare opportunity to purchase a fully owned residential apartment building consisting of 40 income-generating flat units. Whether you’re a seasoned property investor or a visionary looking to enter the rental market at scale, this building offers the freedom, flexibility, and financial reward you're looking for.

Property Highlights:

Full Ownership: You own the entire building—no sectional titles, no shared management, and no levies. You control everything.
Rental Income Potential: Each of the 40 units is designed for tenant comfort and consistent occupancy. Generate stable, passive monthly income with the potential to increase returns through smart upgrades or optimized rentals.
Ideal for Investors: A property of this size and setup is perfectly suited for large-scale rental strategies—long-term leases, student housing, or staff accommodation.
Low Overheads: Without a body corporate or shared expenses, your operational costs remain low, and your profits high.
High Demand Area: Located in Sunnyside, this property benefits from strong rental demand due to proximity to the city, universities and colleges
Solid Structure: The building is in good condition, with scope to renovate or modernise units to further increase value and rent. Fully operational elevator also included
Whether you're looking to generate monthly rental cash flow or hold for long-term capital appreciation, this is a rare find with huge upside potential.

Contact me today to arrange a viewing

Features

Pets Allowed No
Interior
Bedrooms 40
Bathrooms 40
Kitchen 40
Reception Rooms 40
Furnished No
Exterior
Security Yes
Parkings 32
Pool No
Sizes
Land Size 1,160m²
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