Web Ref No CVSA-15357

Discover an unparalleled investment opportunity in the heart of Auckland Park. Situated next to the historic Johannesburg Country Club, this stunning heritage site comprises an entire apartment block with 31 fully let apartments and an adjacent residential property included in the sale.
This remarkable property not only boasts immediate rental income but also offers incredible flexibility for redevelopment or sectional title sales, thanks to its existing subdivision.

Key Features:

• Prime Location: Adjacent to the original Johannesburg Country Club, offering prestige and excellent accessibility.
• Income-Generating Asset:
o 31 Fully Let Apartments averaging 92m² each.
o Rental Income Per Unit: Between R7,500 – R9,000 per month.
• Redevelopment Potential: Ideal for transformation into boutique retirement accommodation or other high-value uses, with opportunities to integrate services and facilities linked to the Johannesburg Country Club.
• Subdivision Ready: Each apartment is already subdivided, allowing for individual unit sales for additional profitability.
• Adjacent Residential Property Included: Expands the scope for creative development.

This is a rare chance to acquire a prestigious, income-generating property with immense potential to adapt to future demands. Whether you choose to continue its current use or embark on a visionary redevelopment project, this heritage site is poised to deliver exceptional returns.

Contact us today to explore this extraordinary offering and secure a piece of Johannesburg's history with boundless potential.