R 12 500 000 | business property for sale in alberton north

Consisting of: 21 x 2 Bed Units (72m²) 1 x 3 Bed Penthouse (92m²) Rental income is R110K netto per month. Block is only 8 years old. Lift is available. Close to Airport, Schools and Shopping Centres. Don't delay, call today! Alberton is a city situated on the southern part of the East Rand, of the Gauteng Province in South Africa. It was incorporated into the Ekurhuleni metropolitan municipality in the year 2000 and celebrated its centenary year in 2005. According to the 2011 census conducted by Statistics South Africa, it has a population of 121,536; but this figure excludes the black township of Thokoza, which has a population of 105,827. Alberton is described as a typical bedroom community, one which is primarily residential in character, with most of its workers commuting to work in nearby suburbs or cities. The city has multiple access roads to all major freeways in Gauteng and is situated on the banks of the Natal Spruit close to the major urban centres of Johannesburg, which lies 15 km (9 mi) to the northwest - and Pretoria - which is 76 km (47 mi) to the north. Alberton has an elevation of approximately 1,570 m (5,150 ft) above sea level.