X

16 Bedroom House For Sale in Grassy Park

R6,800,000

11 EAST STREET

Monthly Bond Repayment R70,188.81
Calculated over 20 years at 11% with no deposit.

Web Ref No 7001249

Perfect Investment opportunity with high potential yield in great location!

SOLE & EXCLUSIVE

Welcome to Thaabiet court, perfect Investment opportunity with high potential yield

A well-positioned apartment block situated in the heart of Grassy Park. This solidly built property at 11 East Street offers a fantastic opportunity for savvy investors or developers looking to secure income-generating units in a high-demand rental area. This block is singly owned and has commercial rights.

This Block offers:

8 Units
Each unit offers 2 bedrooms and 1 bathroom, kitchen and lounging area
Spacious layouts - designed for comfort and easy living
Secure parking - onsite bays available behind lock up, automated gates
Fully Enclosed Property – Gated access ensures safety and privacy
Well-Maintained Structure – Solid face-brick exterior with low upkeep costs

Prime Location – Situated close to public transport routes, schools, shops, and places of worship

· Prepaid Electricity and water – Tenants manage their own usage, reducing management hassle

· High Occupancy Rates – Consistently in-demand rental units in the area

· Great ROI Potential – Ideal for buy-to-let investors or sectional title conversion

· Asking price : R6,800,000

· Rates up to date : R9000 p/m

· Why Invest in Thaabiet Court?

Grassy Park continues to show steady rental growth and demand for affordable, quality housing. With its excellent location, secure environment, and tenant-friendly layout, Thaabiet Court is a prime asset to add to any investment portfolio

Contact to view.

Size : 1079 sqm

Features

Bedrooms 16
Bathrooms 8
Flatlet 7
Land Size 1,079m²
Carports/Parkings 10
Monthly Rates R9,500.00

On Show

Date Wednesday, 23 April 2025
Time 14:00 to 16:00

Agent Contact Details

Riziaah Adams
Quay 1 International Realty

Cell 064 067 1075
Office (021) 4264848
Trent Gibbons
Quay 1 International Realty

Cell 081 317 9848
Office (021) 4264848
WhatsApp Me
Quay 1 Property Specialist 123
Quay 1 International Realty

Cell 071 382 5361
Office (021) 4264848

Message the Agent

We will communicate real estate related marketing information and related services. We respect your privacy. See our Privacy Policy

1 of 1
I accept your privacy terms. Privacy Policy
We will communicate real estate related marketing information and related services. We respect your privacy. See our Privacy Policy