Property description

•  This commercial sale presents a significant investment opportunity in Witpoortjie, Roodepoort. The 'CINDYWOOD' complex comprises two substantial red brick apartment buildings, offering a total of 21 Units -55 bedrooms, 21 bathrooms, and 21 kitchens across multiple units. With an Erf size of 1429.00 sqm and a Floor size of 1077.00 sqm, this established complex features solid construction, extensive covered parking, and secure perimeter fencing. While the exterior shows a utilitarian design, it provides a robust foundation for future enhancements.
  
  Each unit within the complex offers a functional layout with spacious, light-filled rooms, neutral grey walls, and practical tiled flooring. Large windows, often fitted with security bars, ensure ample natural light. The kitchens provide good cabinet storage and tiled surfaces. Currently, the interiors, including kitchens and bathrooms, reflect a dated aesthetic, presenting a clear opportunity for renovation. Modernizing these spaces will significantly enhance their appeal and potential rental income, making this an attractive prospect for value addition and long-term capital growth.
  
  Witpoortjie is a residential suburb within Roodepoort, offering convenient access to local amenities, schools, and transport routes. This makes it a desirable location for tenants seeking practical living solutions.
  
  Key Features:
  * Commercial Sale: Multi-unit apartment complex
  * 1x 1Bedroom Apartment
• * 6x 2 Bedroom Apartments
• * 14x 3 Bedroom Apartments
• 
  * Erf Size: 1429.00 sqm, Floor Size: 1077.00 sqm
  * Solid red brick construction with covered parking
  * Secure perimeter fencing
  * Spacious, light-filled units with tiled flooring
  * Significant renovation and value-add potential
  * Located in Witpoortjie, Roodepoort