R4,837,500

R4,837,500

Apartment Block For Sale in Annadale
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Apartment Block For Sale in Annadale

Web Ref. CL23
Land size 2858.00 m²
Monthly Bond Repayment
R43,348.90
Commercially Registered Property

The property is zoned Residential Estate but currently registered as a commercial property, providing versatility for various uses such as rental flats, offices, or accommodation facilities.

Potential development can consist of four well-sized flat units spread across three storeys, plus a penthouse unit.

Unit Features:

Large 1-bedroom layout

Open-plan kitchen and living area

Spacious bedroom

Bathroom

Well-designed, practical floor plans

The units are generously sized and ideal for long-term tenants or short-term rental opportunities.

Separate Family Residence

Positioned at the front of the property with its own separate entrance, you will find a spacious family home offering privacy and comfort.

Features include:

Large living spaces

Private garden

Well-maintained interiors

Ideal for owner-occupation while generating rental income from the units

This setup makes it perfect for a live-and-earn investment model.

Additional Features

Borehole

Water tanks

Secure property layout

Excellent investment flexibility

Investment Highlights

Commercial registration
Mixed zoning
Four large flat units
Separate spacious family home
Separate entrances
Borehole & water tanks
Strong rental income +- R31 000

This property presents a rare opportunity to secure a multi-income generating asset in Madeira, combining commercial registration with residential functionality.

Contact me today to arrange a viewing or request further financial details.

Features

Zoning
Mixed Use
Sizes
Land Size 2,858 m²
Listing Info
Date Listed 06-02-26

Disclaimer

While every effort will be made to ensure that the information contained within the OVO Realty website is accurate and up to date, OVO Realty makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.