18 UNIT RESIDENTIAL APARTMENT DEVELOPMENT

A well positioned 18 unit residential development on approximately 0.27 acres, comprising four blocks with 17 one bedroom apartments and one two bedroom duplex.

Sixteen one bedroom units are approximately 45 sqm each, featuring fitted wardrobes, two air conditioners, ceiling fans, enclosed fitted kitchens, modern bathrooms with shower cubicles and water heaters. All units have installed DSTV dishes.

The development also includes a premium one bedroom apartment with an open plan fitted kitchen, induction stove, oven, microwave, bathtub and walk in shower, suspended WC, two wardrobes, dedicated workspace, fitted bed frame, feature cladded walls and MTN fibre broadband with router.

The two bedroom duplex comes with fitted kitchen cabinets and wardrobes. The property has 40,000 litres of water storage capacity and a shared water meter, while each unit has its own dedicated electricity meter.

Security is supported by an automated entrance gate and security system. Ten units currently have fibre broadband and routers, with the remaining eight having upgrade potential. The property is accessed via a paved road within an established residential neighbourhood.

The development is suitable for long term rentals, corporate housing, serviced apartments or short let operations, offering multiple independent income streams within a compact, infrastructure ready residential asset.

Land: 0.27 acres | Units: 18 | Blocks: 4 | Water Storage: 40,000 litres | Electricity: Separate meters per unit | Water: Shared meter | Fibre: 10 units connected | DSTV: All units | Security: Automated gate and security system | Generator: None | Price: $1,600,000