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1900m² Investment For Sale in New Redruth

2 Saint Aubyn Street · New Redruth Web Ref CL120618

For Sale

R 13 650 000

R 7 184 / m² · excl. VAT

1 900 m²Floor size
R 7 184Rate per m²
InvestmentProperty type
ImmediatelyAvailable from
For SaleStatus

Overview

This 1,900m² residential investment property at 2 St Aubyn Street, New Redruth comprises 27 sectional title style units, including 20 two bedroom and 7 one bedroom apartments. With current vacancy below 8%, the asset offers established rental income and a diversified tenant base suited to working tenants and young professionals. Its established New Redruth setting combines residential demand with convenient access to retail, commercial and automotive amenities, supporting tenant convenience and occupancy.

Office Size: 1,900m²
Layout: 20 two bedroom apartments and 7 one bedroom apartments, 27 units in total
Access & Transport: Convenient access to major arterial routes and highway networks.
Proximity to Landmarks: Redruth Village, SARS, KIA dealership and Ford dealership.

Price: R13,650,000 excluding VAT.

St Aubyn Street offers practical connectivity to surrounding employment and commercial nodes, while nearby retail and services support everyday tenant needs. The combination of unit diversity, established occupancy and accessible New Redruth location makes this suitable for investors seeking recurring residential rental income.

Location

Similar available nearby

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