Back to Results | Home Residential For Sale Sandton Parkmore ... Apartment Block
Open plan lounge
Open plan lounge
Open plan kitchen
Walk way/ study area
Bedroom
Full bathroom
Bedroom
Patio
Front entrance
View to Sandton
Open plan lounge
Open plan kitchen
Open plan lounge kitchen
Open plan dining room
Open plan lounge dining room kitchen
Walk way / study area
Bedroom
Full bathroom
Bedroom
Full bathroom
patio
Open plan lounge
Open plan dining room
Open plan kitchen
Patio
Walk way / study area
Bedroom
En-suite bathroom
Bedroom
Walk way / study area
Below parking
Storage rooms
Communal garden
Garages with Sandton City in background
Back up rain water tanks
Open plan lounge
Open plan lounge
Open plan kitchen
Walk way/ study area
Bedroom
Full bathroom
Bedroom
Patio
Front entrance
View to Sandton
Open plan lounge
Open plan kitchen
Open plan lounge kitchen
Open plan dining room
Open plan lounge dining room kitchen
Walk way / study area
Bedroom
Full bathroom
Bedroom
Full bathroom
patio
Open plan lounge
Open plan dining room
Open plan kitchen
Patio
Walk way / study area
Bedroom
En-suite bathroom
Bedroom
Walk way / study area
Below parking
Storage rooms
Communal garden
Garages with Sandton City in background
Back up rain water tanks
R19,000,000

R19,000,000

12 Bedroom Apartment Block For Sale in Parkmore
12
Bedrooms
12
Bathrooms
12
Garages
No Transfer Duty
Private Sale
Accepting Offers
145 1st Street
Cheryl van Kerckhoven
Cheryl van Kerckhoven Property Practitioner View my listings
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Overview Features Location Finance

Modern apartment block in the heart of Sandton

Web Ref. OYR3741
Land size 991.00 m²
Floor size 820.00 m²
Monthly Bond Repayment
R199,358.64
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
Monthly Rates R5,535.60

Features

Interior
12 Bedrooms
12 Bathrooms
8 Kitchens
8 Lounges
8 Dining Rooms
4 Studies
Fibre
Exterior
12 Garages
12 Parkings (Secure Parking)
Balcony
Security
Scenery / Views
Sizes
Land Size 991 m²
Floor Size 820 m²
Additional Amenities
24 Hour Access
24 Hour Response
Accommodation
Air Conditioner
Air Conditioning Unit
Alarm System
Backup Water
Balcony
Bath, Toilet and Basin
Boomed Area
Carport
Centre Island
Communal Braai Area
Cul_de_sac
Cul_De_Sac
Curtain Rails
Dishwasher Connection
Electric Fencing
Fibre
First Floor
Electric Gate
Freestanding
Gas Oven
Gas Hob
Gated Community
Generator
Granite Tops
Double Storey
Immaculate Condition
Ground Floor
Garden
Intercom
Near Mini Bus Service
On Street Parking
Perimeter Wall
Piped Gas
Residential
Satellite Dish
Sliding Doors
Secure Parking
Security Complex
Security Gate
Storeroom
Student Accommodation
TV
Solar Heating
Tiled Floors
North
Modern
Ultra Modern
Aluminium Window
Solar Panels
Solar Geyser
Water Tank
Backup Battery/Inverter
Listing Info
Date Listed 01-11-24
Time Listed 10:22

Parkmore, Sandton

Google map for 12 Bedroom Apartment Block For Sale in Parkmore
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

Finance

Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
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Cheryl van Kerckhoven
Cheryl van Kerckhoven Property Practitioner View my listings