Vibrant Inner City Rental Opportunity

This established residential investment asset presents an attractive opportunity to acquire a well-positioned income-producing property within a prominent inner-city precinct. Offering a mix of residential accommodation and ground-floor retail components, the property caters to the growing demand for affordable and conveniently located urban living. The asset comprises 87 residential rooms and 3 retail shops, generating a net annual income of approximately R2.94 million. Residents benefit from a range of lifestyle and security amenities, including 24-hour security, prepaid electricity, WiFi, lift access, an outdoor gym, and a children's playground, enhancing tenant retention and long-term occupancy. Strategically positioned within a vibrant urban node, the property enjoys close proximity to public transport routes, educational institutions, employment hubs, retail amenities, and essential services, making it an attractive accommodation option for students, young professionals, and city residents. Property Highlights Residential Investment Opportunity 87 Residential Rooms 3 Retail Shops Net Annual Income: ±R2.94 Million 24-Hour Security Prepaid Electricity WiFi Connectivity Lift Access Outdoor Gym Children's Playground Centrally Located Urban Node Further information available upon request and subject to confidentiality.