15 Bedroom Apartment in Goodwood Estate

Description

A Timeless Investment: A Classic-Style Block of Flats with A Ground-Floor Commercial Space and Ample Parking. Exclusive with Pam Golding PropertiesErf Size: 498 m2Zoning: General Business 4 GB49 Flats:2 One Bedroom Floor area 81 m26 Two Bedroom Floor areas are between 72 m2 and 85 m21 Bachelor Floor area 33 m21 Business on Ground Level Floor area 147 m2Sectionalized Title Registered FlatsMonthly Income on Flats and Businesses: Available on Request6 Secure Parking BaysProfessional Architect on board for the consultation of remodelling or redevelopment opportunitiesIn the heart of Goodwood, a classic-style block of flats stands with a thriving commercial opportunity on the ground level and two floors of well-designed apartments above. This rare investment offering presents a balanced blend of lifestyle appeal and strong returns, making it a standout in the current real estate market.At first glance, the building captures attention with its elegant, timeless faade.The commercial component provides a dual advantage:1.Income Stability With reliable tenants on long-term leases, this portion of the building generates consistent revenue, insulating investors from market fluctuations.2.Community Appeal The presence of a business at street level fosters a lively, urban atmosphere.Above the commercial base rise two stories of thoughtfully designed residential apartments.Key highlights include:Mixed-Use Income Potential: Secure revenue streams from both residential and commercial leases.Prime Location: Positioned in a bustling part of town with easy access to schools, businesses, and transport routes.Generous Parking: Rare in this market, ensuring higher tenant satisfaction and long-term stability.Versatile Apartment Mix: Options that suit singles, couples, families, and retirees.Furthermore, the demand for rental apartments continues to rise as more people seek flexible housing solutions in urban areas. The commercial spaces, with their prime location and visibility, are equally resilient, especially as small businesses and service providers seek spaces in established neighborhoods rather than sprawling new developments.The area is highly sought after due to its proximity to major transport routes, reputable schools and tertiary institutions, hospitals and clinics, filling stations, and shopping centers. With Goodwood undergoing steady urban growth, the property presents significant development opportunities for student accommodation or high-yield rental units.For a private viewing, don''t hesitate to get in touch with me today.

What we know about this property

Each attribute shows where it came from and how sure we are. Model-derived attributes arrive as enrichment runs.

Portal facts

Land size

498 m²

Floor size

800 m²

Listing date

27 Jul 2026

Property type

Apartment

Listing number

T5566462

Feature: Fenced

yes

Rates and taxes

R 3 007

Feature: Bedrooms

15

Feature: Bathrooms

9

Feature: Open parking

6