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495m² Apartment Block For Sale in Marshalltown

AUCTION

Toronto House
Web Ref No CL34556

Corporate Disposal: High Income Generating Block - On Auction 21 November

On Auction 21 November - Corporate Disposal: High Income Generating Block

This stunning block in the heart of the Inner City is comprised of 48 residential units which configured to allow for upside if converting the
larger units.

The current configuration is as follows:

One Bed - 38
Two Bed - 7
Three Bed - 2
Total Units - 48

This well located apartment building is an exceptional investment property that combines residential comfort with commercial potential. Comprised of 48 residential units and strategically located for maximum convenience, this property is a gem for investors looking to capitalize on urban living.

Potential for Upside: This property is configured to allow for the conversion of the larger units, presenting a unique opportunity to maximize rental income and increase overall property value.

Ground Retail Space: The building includes ground-floor retail space, offering additional income potential and convenience for residents. This space is perfect for a variety of businesses, from cafes and boutiques to essential services, enhancing the appeal.

Features

Building Name Toronto House
Zoning Commercial
Floor Size 495m²
Land Size 495m²
Security Yes

Broker Contact Details

Jason Raad
Broll Auctions and Sales

Cell 071 355 7900
Office (087) 7008289
WhatsApp Me
Malcolm Immelman
Broll Auctions and Sales

Cell 060 526 2257
Office (087) 7008289
WhatsApp Me

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