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8 Bedroom Apartment Block For Sale in Warrenton
8 Bedroom Apartment Block For Sale in Warrenton
8 Bedroom Apartment Block For Sale in Warrenton
8 Bedroom Apartment Block For Sale in Warrenton
8 Bedroom Apartment Block For Sale in Warrenton

8 Bedroom Apartment Block For Sale in Warrenton

R1,395,000

Monthly Bond Repayment R13,693.92
Calculated over 20 years at 10.25% with no deposit.

Web Ref RL559
Monthly Rates R545

Multi-Dwelling Investment Opportunity in Warrenton, Stanger

This income-generating property is designed for investors who understand the value of consistent cash flow and multiple revenue streams from a single asset.

The property comprises five separate, self-contained apartments, offering a practical and appealing setup for tenants. There are three two-bedroom units, each fitted with a bathroom, lounge, and kitchen, along with two one-bedroom units that also include their own bathroom, lounge, and kitchen. The layout provides comfortable, independent living while maximizing occupancy and rental potential.

From a management point of view, the property is structured for efficiency and control. Electricity is prepaid via a token system, while water is billed separately for each unit, as every apartment is fitted with its own meter. This ensures accurate usage billing and simplifies day-to-day management.

Located in Warrenton, Stanger, an area that continues to see steady rental demand due to its accessibility and community-driven environment, the property is well positioned to attract long-term tenants.

With five income streams under one roof, this is a solid investment offering good returns and the opportunity to grow your portfolio with a high-yield, low-complexity asset.

Features

Pets Allowed No
Interior
Bedrooms 8
Bathrooms 5
Kitchen 5
Reception Rooms 5
Furnished No
Exterior
Security No
Parkings 6
Flatlet 2
Pool No
Scenery/Views Yes
Sizes
Floor Size 240m²
Land Size 1,114m²
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