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POA | 2,448m² Apartment Block For Sale in Greenside

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ON AUCTION 16 JULY - Premium Mixed-Use Property in the Heart of Greenside

This is a rare chance to acquire a premium, income-generating mixed-use development in the heart of one of Greenside’s most dynamic and sought-after neighborhoods. Fully furnished and meticulously maintained, this exceptional property blends high-end residential living with secure commercial income—making it an ideal opportunity for investors seeking a turnkey asset with strong returns.

The development features 22 spacious, designer apartments, including 5 luxurious penthouses, 11 two-bedroom, two-bathroom units, and 6 one-bedroom, one-bathroom units. Each unit is finished to world-class standards, offering generous open-plan living spaces, high-end fixtures, and stylish furnishings throughout.

Adding to the appeal, the ground floor consists of 4 fully let retail shops with stable, long-term commercial tenants in place. Residents and retail patrons benefit from ample onsite parking, a rare and valuable feature in this central location.

Currently operating as a successful short-term rental business with excellent occupancy history, the property will be sold fully furnished, ready for continued operation or long-term leasing. The existing hotel operator is relocating to a larger venue, opening the door for a new owner to step into a well-established income stream with no downtime and easily converted to student accommodation.

Features

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Zoning
Mixed Use
Title
Freehold
Exterior
Security
No
Sizes
Floor Size
2,448m²
Land Size
1,377m²
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-26.1462841, 28.0114727
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