R 5 500 000 | Apartment / Flat for Sale in Selection Park

Springs, Selection Park

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Erf Size: 1 229 m²

R64 000 per month in rental income – investment opportunity of the year

Serious investors, take note. Positioned directly opposite Selection Park Primary School, this fully tenanted residential investment offers immediate income from transfer and the opportunity to acquire a well-maintained, income-producing asset in an established rental market. Comprising 9 income-generating units in total, the property includes 8 spacious three-bedroom apartments and 1 bachelor flat, creating multiple income streams and reducing vacancy risk. Each three-bedroom apartment offers: • 3 Bedrooms • 2 Bathrooms • Main en-suite bathroom with bath, shower, basin and toilet • Second bathroom with shower, basin and toilet • Spacious living areas • Well-appointed kitchens Investment Highlights: • Approximate rental income of R64,000 per month • 8 x Three-bedroom apartments • 1 x Bachelor flat • 9 Income-producing units • Secure access-controlled complex • Covered parking • Prepaid electricity • Well-maintained communal gardens and walkways • Attractive, modernised apartment block • Located directly opposite Selection Park Primary School • Close to shopping centres, public transport and major routes • Strong and consistent rental demand in the area The neat, secure environment and excellent location make this a sought-after address for tenants, while the diversified unit mix provides investors with a reliable and sustainable income stream. Whether you are expanding an existing portfolio or securing a high-yield investment, this property delivers the combination every investor is looking for: location, security, cash flow and long-term growth potential. At R5.5 million, opportunities of this calibre are seldom available. Don't buy another property. Buy an income stream. Contact me today to arrange a private viewing and take the next step towards growing your property portfolio.