R 6 500 000
| 55 Bedroom House for Sale in Witpoortjie
55
20
Share Block with 21 Units & 20 Lock-Up Carports For Sale in Witpoortjie, Roodepoort
Excellent Investment Opportunity – Share Block with 21 Units & 20 single lock-up carports For Sale in Witpoortjie, Roodepoort
This is a rare opportunity to acquire a registered share block, consisting of 21 residential units and 20 single lock-up carports, located in the suburb of Witpoortjie, Roodepoort. The share block is held under a Close Corporation (CC), which can also be included in the sale, allowing for a streamlined transfer process and added tax/structuring flexibility for the buyer.
Property Breakdown:
1 x 1-Bedroom Unit
6 x 2-Bedroom Units
14 x 3-Bedroom Units
20 Secure Lock-Up Carports
Each unit is equipped with prepaid electricity meters, enabling efficient utility management and helping to maintain reliable tenant billing.
Current Occupancy Rate: 85.71% (18 units have lease agreements in place)
Key Investment Features:
Total Monthly Rental Income Potential: ±R106 000
Units in Need of TLC – Offers excellent potential for value-add improvements
Close Corporation (CC) Registered: The share block is owned through a CC, which is included in the sale – simplifying ownership transition
Solid Structure with Long-Term Potential – A well-built block ready for a new owner to unlock its full value
Location Highlights:
Centrally located in Witpoortjie, Roodepoort
Close to schools, local shops, public transport, and key access routes
Situated in a family-friendly community with consistent rental demand
Ideal For:
Property investors looking for passive rental income with room for capital growth
Buyers seeking a block ownership model with control over all units
Entrepreneurs or investment groups looking to acquire property through a CK for structuring and asset protection benefits
Don’t Miss Out on This Exceptional High-Yield Investment!
Enquire now to arrange a viewing or request further financial details.
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