R 15 000 000 | building property for sale in parktown north

This iconic multi-tenanted residential apartment block in Parktown North's sought-after 3rd Avenue is fully occupied with financials and rental details in place - available upon request. This 3-storey. L-shaped walk-up with 13-car basement parking level comprises 15 sunny apartments with balconies overlooking the communal courtyard garden with braai area. The apartments are comparably configured to include: - 12 X 1-bedroom, one-bathroom units (approx. 89sqm each) - 3 X 2-bedroom, 2-bathroom units (approx. 112sqm each) - Each unit is fitted with a 150L geyser - Bedroom, kitchen, living area and balcony - Fiber connection - Pre-paid electricity meter to each apartment Zoning: - Residential 4 (zoning certificate available upon request)) - Coverage: 40% - Height Zone: 3 Storeys - Floor Area Ratio 1.2/594sqm - Building Line 3m along the street boundaries Area Schedule: - Ground Floor=420sqm, 1st Floor=420sqm, 2nd Floor=420sqm - Approximate Gross Building Area = 1260sqm - Basement Parking = 420sqm - Parking includes 13 basement parking bays (tenant usage) Fixtures, Finishes and Utilities: - Original parquet flooring, rendered walls and ceilings - Low energy light fittings - Tiled bathrooms and kitchens - Property is equipped with a smart electricity meter - Each apartment has re-paid electricity meter - Water, sewerage and refuse/waste removal are billed for the property as a whole Centrally located across from the Parktown Quarter, and close to the Rosebank Business Precinct, Beechurst Flats enjoys the benefits of Parktown North, a characterful, colourful and trendy established suburb. Buy Now - Be Paid Later