Apartment / flat for sale in Fauna Park

Established Income. Exceptional Growth. All-Inclusive Price. This is a premier opportunity for serious investors to acquire a robust residential portfolio in the heart of Tzaneen. Offering high occupancy and a strategic location near essential community landmarks, this block of flats is designed for long-term capital appreciation and immediate cash flow. Transfer Duty and Transfer Costs (a significant saving for the purchaser). Current Net Income: R 1,310,000.00 per annum. Projected Growth: Income can be increased to R 1,498,800.00 after 6–10 months. This block consists of 24 well-maintained 1-bedroom apartments, ideal for single professionals or young couples: Space for up to 24 couples or small families. Each unit is equipped with its own prepaid electricity meter, ensuring simplified utility management. Every apartment includes a dedicated carport. Monthly rental income of approximately R 116,400.00. The property’s central positioning guarantees high demand and low vacancy rates: Within walking distance to Tzaneen Laerskool, the Mosque, and local sporting facilities. Moments away from the CBD and major business centers, making it highly attractive to city commuters. A fully operational block with established tenants and systems in place. The all-inclusive price (including costs) simplifies the acquisition process. Future Potential: Clear roadmap for income escalation within the first year of ownership. Don’t miss out on this fantastic investment proposition in one of Tzaneen's most stable rental markets. Contact us today to book your private viewing and secure this high-performing asset!