- 24
- 24
- 2 721 m2
- 991 m2
Monthly Costs
Monthly Bond Repayment ZAR .
Calculated over years at % with no deposit. Change Assumptions
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Mun. Rates & Taxes: ZAR 10408.00
Property description
High-Potential Residential Block – Brakpan CBD
248 Prince George Street, Brakpan
An outstanding investment opportunity in the heart of Brakpan. This partially renovated, currently vacant residential building is perfectly positioned on a busy main road and offers serious upside for investors or developers looking to unlock value in a growing rental market.
Total Built-Up Area: 2,721 m²
Projected Gross Income (Upon Completion & Occupancy): R1,050,000 per annum
Unit Composition (24 Units):
• 3 x Studio Apartments
• 8 x 1-Bedroom Units
• 6 x 1.5-Bedroom Units
• 7 x 2-Bedroom Units
Key Investment Features:
Prime location in a high-demand residential node
Ideal for rental income once renovation is completed
Diverse unit mix caters to singles, couples, and small families
Close to amenities, public transport, Brakpan Police station, Brakpan Stadium and key road networks
Disclaimer:
This is an existing building that was undergoing renovations, which were halted due to unforeseen circumstances. The property is being sold as-is and is currently vacant, offering a blank canvas for investors to complete and lease according to their strategy.Contact us today for more details or to arrange a site visit.
Property Details
- 24 Bedrooms
- 24 Bathrooms
Property Features
| Bedrooms | 24 |
| Bathrooms | 24 |
| Floor Area | 2 721 m2 |
| Erf Size | 991 m2 |
Contact the Agent
Zayed Potgieter
Candidate Property Practitioner