{"product_id":"11-bedroom-apartment-block-for-sale-in-glenwood","title":"11 Bedroom Apartment Block For Sale in Glenwood","description":"\u003cp\u003eINVESTOR’S DREAM: \u003c\/p\u003e\u003cp\u003eSemi-Developed, High-Yield 11-Unit Block with Approved Plans The Blueprint is Ready. The Structure is Built. The Yield is Yours. \u003c\/p\u003e\u003cp\u003eTHE OPPORTUNITY: \u003c\/p\u003e\u003cp\u003eSkip the two-year municipal approval delays and the headaches of building from scratch. This prime, semi-developed property is standing, structurally complete, and waiting for an astute investor to add the finishing touches and unlock a massive, recurring revenue stream. Fully council-approved building plans are included in the sale, offering a frictionless, rapid-turnaround project designed for maximum capital velocity. \u003c\/p\u003e\u003cp\u003eDYNAMIC INVESTMENT FLEXIBILITY: \u003c\/p\u003e\u003cp\u003eThis 11-room asset is perfectly configured to pivot into the two highest-demanding rental sectors in the market. Working-Class Residential Apartments. Complete the units as modern, high-density apartments for young professionals, targeting a premium rental of R6,500 to R7,000 per month, per unit. High-Density Student Accommodation: Tap into the student market at an estimated R3,500 per student\/bed with excellent dual-occupancy potential. 📊 \u003c\/p\u003e\u003cp\u003eTHE NUMBERS \u0026amp; ROI POTENTIAL Purchase Price: R8,500,000 Total Units\/Rooms: 11 Spacious units Working-Class Rental Target: R6,500 – R7,000 per unit \/ month Residential Gross Income: R71,500 – R77,000 per month Projected Annual Revenue: Up to R924,000 Gross Annual Income Projected Gross ROI: Up to 10.8% High-Yield Return\u003c\/p\u003e","brand":"Dormehl Phalane Property Group","offers":[{"title":"Default Title","offer_id":43440029139034,"sku":null,"price":8500000.0,"currency_code":"ZAR","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0643\/8925\/1162\/files\/property-3170135-10.jpg?v=1780314221","url":"https:\/\/sa-living.co.za\/products\/11-bedroom-apartment-block-for-sale-in-glenwood","provider":"SA Living","version":"1.0","type":"link"}