Apartment Block for sale in Electric City, Eersterivier, 24 Dove Street, Electric City, Eersterivier, Western Cape, 288 m²

Electric City, Eersterivier, Western Cape

Apartment Block

ZAR 1,100,000

• 6 bedrooms
• 6 bathrooms
• 288 sqm
• 288 m² plot

This exceptional apartment block located in Blue Downs, Western Cape, offers a unique investment opportunity. It needs to be completed. Comprising six spacious single apartments, each designed to provide comfort and privacy, this property is ideal for those looking to enter the rental market or expand their existing portfolio. Expected income is R30 000 per month, once the property is completed and tenanted. Each of the six bathrooms, once complete, will add to the convenience of the living space, ensuring that residents have access to modern amenities. The layout promotes a functional living environment, catering to both individual and communal needs. Please note that pets are not allowed on the premises, making this property suitable for tenants who prefer a pet-free environment. With its strategic location and robust features, this apartment block is poised to attract interest from savvy investors seeking to capitalize on the growing demand in the area.