RESIDENTIAL APARTMENT BUILDING (Berea)

This well-positioned residential investment opportunity offers investors the chance to acquire a multi-unit apartment building within a high-demand urban residential precinct. The property comprises a mix of bachelor and one-bedroom apartments, providing diversified rental income and broad tenant appeal. Situated on an erf of approximately 248m², the building contains 59 residential units, consisting of 25 bachelor apartments and 34 one-bedroom units. The property is designed to maximise residential accommodation while maintaining practical common areas and operational efficiency. The building benefits from a secure residential environment, established tenant demand, and convenient access to public transport, employment hubs, educational institutions, retail amenities, and essential services. Its central location supports consistent occupancy levels and long-term rental demand, making it an attractive addition to a residential investment portfolio. Property Highlights Residential Apartment Building 59 Residential Units 25 Bachelor Apartments 34 One-Bedroom Apartments Residential 4 Zoning Erf Size: ±248m² Residential GBA: ±1,185m² Rooftop GBA: ±143m² Basement GBA: ±42m² Ground Floor GBA: ±206m² Total GLA: ±1,576m² Established Residential Node Strong Rental Demand Fundamentals Asking Price: Available on Request Further information available upon request and subject to confidentiality.