Apartment Block for sale in Randhart, Alberton, 300 m²

Randhart, Alberton, Gauteng

Apartment Block

ZAR 11,700,000

• 27 bathrooms
• 300 sqm
• 1,904 m² plot

An exceptional opportunity to acquire a fully tenanted residential complex in a sought-after area, offering excellent rental returns and long-term growth potential. The property comprises 27 well-maintained units in total, featuring: • 9 Two-Bedroom Units – ideal for small families or professionals • 18 One-Bedroom Units – perfectly suited for individuals and couples Each unit offers comfortable living spaces, covered parking (carports), and reliable municipal services. Electricity is prepaid through Ekurhuleni, providing ease of management and transparency for both owner and tenants. Currently, there are no individual water meters installed, and the total monthly rates and taxes amount to R10,301.95. All units are leased with active rental agreements, ensuring a consistent and stable income stream. (Please note that lease copies cannot be shared at this stage.) This property presents a solid investment with full occupancy, making it a perfect addition to any portfolio. Contact us today for more details or to arrange a private discussion regarding this rare investment opportunity.