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R 11 600 000 | business property for sale in arcadia

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Property Description

The building (2360m²) on land (1520m²) which consists of 4 storeys, ground floor parking below the building and a total of 24 flat units. The flat units all have a kitchen, living room and bathroom (some with separate toilet). 16 flat units have 1.5 bedrooms and 8 units have 2.5 bedrooms. The flat units are spacious with older fittings and finishes that are well maintained. The 1.5 bedroom flat units are 81m² in area while the 2.5 bedroom units are between 102m² and 104m² in area. The block has a ground floor lobby on street front side with a single lift and concrete staircase providing access to the upper floors. There is also an external fire stairway to the rear of the buildings. The ground floor of the building provides covered parking bays (12 exclusive use parking bays) as well as a storeroom and staff accommodation consisting of bachelor flat. There is also additional shade-net carports provided on site (8 bays) as well as 2 open parking bays. Sounds good? You bet it is!


Property Details

Property FeaturesTotal Units: 24 Staff Accommodation: Bachelor Flat on Ground Floor Storeroom, Building Name: Nylyn Court, Number of Floors: 4

Purchase Price R 11 600 000

Type of PropertyBusiness

Last Updated03 Dec 2021

General Features

SecurityElectric Fencing, Access Gate

Property Location

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