R 6 800 000 | 16 bed property for sale in grassy park

Property Description

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


Property Details

Purchase Price R 6 800 000

Monthly Rates9500

Type of PropertyHouse

Land Size1079 m2

Last Updated22 Apr 2025

Rooms

Flatlet7

Bedrooms16

Bathrooms8

External Features

Carports10

Property Location

Similar Property in nearby suburbs

Agent

Riziaah Adams

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