Web Ref MPC74
R29,000,000
Vickers Place None
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Incredible investment opportunity - Vickers Place
Incredible investment opportunity bordering Parktown, Johannesburg. This recently refurbished block of 154 units is fully tenanted and offers attractive yields inclusive of property management fees.
There are options to unlock further value by adding additional units and/or converting the ground floor into retail space.
This property is also suitable for SHRA conversions.
Located right on the border of Parktown with access to Empire Road, Vickers Place is surrounded by restaurants, bars & cafes. The area shows growing demand for affordable housing solutions in the city. Making this completed development scheme an exceptional investment opportunity.
Deposit: 10% refundable deposit payable within 7 (calendar) days of signature, into conveyancers trust account.
Due Diligence: 30 (calendar) days for due diligence (DD)
Finance: To run concurrently with DD
There are options to unlock further value by adding additional units and/or converting the ground floor into retail space.
This property is also suitable for SHRA conversions.
Located right on the border of Parktown with access to Empire Road, Vickers Place is surrounded by restaurants, bars & cafes. The area shows growing demand for affordable housing solutions in the city. Making this completed development scheme an exceptional investment opportunity.
Deposit: 10% refundable deposit payable within 7 (calendar) days of signature, into conveyancers trust account.
Due Diligence: 30 (calendar) days for due diligence (DD)
Finance: To run concurrently with DD
Features
Building Name
Vickers Place
Zoning
Commercial
Exterior
Security
No
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