Modern apartment block in the heart of Sandton
Sandton
Dubbed "Africa’s richest square mile," Sandton is synonymous with high-end living and corporate culture. Its skyline is filled with sleek office towers, luxury apartments, and five-star hotels. Prestigious areas like Sandhurst and Morningside attract affluent buyers, while demand from Sandton moving companies highlights its investment potential. The mix of exclusivity and financial growth makes Sandton a cornerstone for long-term property value, especially as it is one of the most desirable locations in South Africa.
This is an ideal opportunity to enter the rental game with a block of 8 fully furnished apartments, on the border of Sandhurst/Parkmore
INCOME GENERATING APARTMENT BLOCK. Low maintenance, currently fully occupied. Make the smart choice and invest in this property today!
8 apartments
Three x 2 bedrooms, 2 bathrooms and loft
Four x 1 bedroom, 1 bathroom (executive)
One x 2 bedroom, 1 bathroom (small caretaker)
Each unit -
2 parking spaces per flat except no 8 only 1
Solar geysers
Full bathrooms
Gas Stoves
Granite tops
Kitchen island
Place for 2/3 appliance
Air-conditioners
Low e glazing aluminum windows
Covered outdoor patios
Dstv dishes
Alarm
Fibre
Inverter
Under cover secure parking
Views to Sandton City Skyline
Additional
Tank room for water harvesting
Utility room for ironing and db boards etc
Cameras for security
Electric gates and garage doors
Generator shared with No 143
Storage rooms
Connection to put in EV charger
Electric fence
Alongside the block is a grassed area with exclusive use, with built in braais and washing lines
Access through Secure gate across cul-de-sac. Shared with 2 other properties
Parking space at end of cul-de-sac for visitors
Income from successfully managed with short-term and long-term regular rentals.
Registered on Airbnb
NO TRANSFER DUTY - VAT APPLICABLE
Option to purchase property next door with 4 bedroom en-suite in main house, 5 garages and 2 income producing cottages – 2 bedrooms, 1 bathroom & 3 bedrooms 2 bathrooms, own entrance and parking to further enhance the income
SELLER WILLING TO NEGOTIATE AND WILL CONSIDER ALL WRITTEN OFFERS PRESENTED
Call for an exclusive viewing
Dubbed "Africa’s richest square mile," Sandton is synonymous with high-end living and corporate culture. Its skyline is filled with sleek office towers, luxury apartments, and five-star hotels. Prestigious areas like Sandhurst and Morningside attract affluent buyers, while demand from Sandton moving companies highlights its investment potential. The mix of exclusivity and financial growth makes Sandton a cornerstone for long-term property value, especially as it is one of the most desirable locations in South Africa.
This is an ideal opportunity to enter the rental game with a block of 8 fully furnished apartments, on the border of Sandhurst/Parkmore
INCOME GENERATING APARTMENT BLOCK. Low maintenance, currently fully occupied. Make the smart choice and invest in this property today!
8 apartments
Three x 2 bedrooms, 2 bathrooms and loft
Four x 1 bedroom, 1 bathroom (executive)
One x 2 bedroom, 1 bathroom (small caretaker)
Each unit -
2 parking spaces per flat except no 8 only 1
Solar geysers
Full bathrooms
Gas Stoves
Granite tops
Kitchen island
Place for 2/3 appliance
Air-conditioners
Low e glazing aluminum windows
Covered outdoor patios
Dstv dishes
Alarm
Fibre
Inverter
Under cover secure parking
Views to Sandton City Skyline
Additional
Tank room for water harvesting
Utility room for ironing and db boards etc
Cameras for security
Electric gates and garage doors
Generator shared with No 143
Storage rooms
Connection to put in EV charger
Electric fence
Alongside the block is a grassed area with exclusive use, with built in braais and washing lines
Access through Secure gate across cul-de-sac. Shared with 2 other properties
Parking space at end of cul-de-sac for visitors
Income from successfully managed with short-term and long-term regular rentals.
Registered on Airbnb
NO TRANSFER DUTY - VAT APPLICABLE
Option to purchase property next door with 4 bedroom en-suite in main house, 5 garages and 2 income producing cottages – 2 bedrooms, 1 bathroom & 3 bedrooms 2 bathrooms, own entrance and parking to further enhance the income
SELLER WILLING TO NEGOTIATE AND WILL CONSIDER ALL WRITTEN OFFERS PRESENTED
Call for an exclusive viewing
Monthly Rates
R5,535.60
Features
Interior
Exterior
Sizes
Additional Amenities
Listing Info
Parkmore, Sandton
- Street map
- Street view
- Amenities
- Schools
Filling Station
0.39 km - TotalEnergies Sandton Drive
0.53 km - Caltex
0.72 km - TotalEnergies William Nicol
Bus Station
0.55 km - Lilian Avenue
0.56 km - Gautrain Bus Stop - Sandton Drive - 6
0.58 km - Gorge Lea Park Stop
Hospital/Clinic
0.24 km - Imude Sport And Wellness
0.72 km - Testaro Covid Testing Drive Through In Sandton
1.27 km - Narcotics Anonymous South African Region
Police Station
2.96 km - Sandton Police Station
2.97 km - Blairgowrie Residents Against Crime
3.53 km - Sandton Police Station
Shopping Centre
0.46 km - Parkmore Mews
0.59 km - Parkmore Mews Shopping Centre
1.04 km - Benmore Gardens Shopping Centre
0.11 km - Parkmore Nursery School
0.29 km - Tickle Spot
0.30 km - The Sangreal Sodality
0.36 km - Montrose Primary School
0.43 km - Fastrackids-Sandton
0.52 km - Montrose Pre-Primary School
0.62 km - Sandhurst Pre- And Preparatory College
0.86 km - North Campus
0.92 km - Vc
0.94 km - Boston City Campus & Business College
1.20 km - Crawford Preparatory School - Sandton
1.23 km - Saint John's Vuleka Primary School
1.89 km - Sandown High School
2.10 km - Grayston Secondary School - North Road
2.13 km - Lycée Jules Verne De Johannesburg
Average sold property price in Parkmore
Freehold
Sectional Scheme
Vacant Land
Freehold
R3,069,339
50.0%
Average price
48
50.0%
Transfers
Sectional Title
R1,314,167
33.3%
Average price
11
33.3%
Transfers
Estate
0
0%
Average price
0
0%
Transfers
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Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
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