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VANDERBIJLPARK INVESTMENT PROPERTY

1,700M² INCOME GENERATING RESIDENTIAL COMPLEX IN VANDERBIJLPARK FOR SALE ON AUCTION

DESCRIPTION:

ON AUCTION 25 MARCH 2026 - INCOME PRODUCING PREMIUM RESIDENTIAL COMPLEX

The subject property is a well-located residential complex situated at 72 Curie Boulevard, Vanderbijlpark. The complex comprises 19 apartment units, of which 18 are currently let and one is vacant, reflecting a strong occupancy profile. The property is centrally positioned and in close proximity to key amenities, transport routes, retail facilities, and essential services, making it an attractive residential offering for tenants. The property is situated on an erf measuring approximately 2,273 sqm, with an estimated gross lettable area (GLA) of approximately 1,700 sqm.

Vanderbijlpark is an established and well-supported urban area within the Vaal Triangle, benefiting from ongoing residential demand and a stable economic base supported by surrounding commercial and industrial activity. This underpins rental sustainability and long-term occupancy levels. The property is further enhanced by prepaid electricity, tenant-billed water consumption, secure on-site parking bays, and strong income fundamentals, with a current gross annual income of approximately R1,080,000, increasing to approximately R1,140,000 when fully let, positioning the asset as a sustainable high-yield residential investment.

KEY FEATURES:
- 19 RESIDENTIAL APARTMENTS (18 LET, 1 VACANT)
- CURRENT GAI: R 1 080 000
- POTENTIAL GAI: R 1 140 000
- CLOSE PROXIMITY TO AMENITIES

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