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Riversdale, Riversdale, Meyerton, Gauteng
R 18 700 000
20-Unit Townhouse Complex in Riversdale Exceptional Investment Opportunity in Sandalwood, Riversdale This is a rare opportunity to acquire an entire townhouse development with sectional title plans already prepared, allowing the purchaser to unlock significant value through future individual unit sales. Situated in, Riversdale, this development consists of 20 modern townhouse units, making it ideal for developers, investors, or buyers looking to expand their residential property portfolio. *Development Breakdown: -16 x Three-bedroom, two-bathroom townhouses Double automated garages Unit size: 134m² -4 x Two-bedroom, two-bathroom townhouses Double automated garages Unit size: 119m² Investment Highlights: Entire complex sold as one property. Sectional title survey plans have already been completed. Sectional title register has not yet been opened, allowing the purchaser to establish the register and sell the units individually in the future. Excellent opportunity to realize added value through sectional title sales. Well-positioned in the established suburb of Riversdale with easy access to schools, shopping centers, medical facilities and major transport routes. Whether your strategy is to retain the complex as a high-yield rental investment or to complete the sectional title process and sell the units individually, this property offers exceptional flexibility and long-term growth potential. Contact us today for further information, financial details or to arrange a private viewing. While every effort has been made to ensure the accuracy of this listing, the information provided serves as a guide only. Prospective buyers are encouraged to verify all details during their due diligence. No liability is accepted for any errors or omissions.
Estimated monthly repayment
R 176 590
on a R 16 830 000 bond over 20 years at 11.25%
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Riversdale, Riversdale, Meyerton, Gauteng
Liivra AI market value
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Fair-value check
Priced highPriced 2403% above comparable 1-bed houses for sale in Riversdale
Based on 8 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Lindiwe Mokoena
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