• The possibilities for the property is endless • The location is really one of the best in its area • A quickly access to the main road but still close to the CBD • This property is really value for money!!! • Truly a great Investment
This Block of Flats offer - 27 Large Flats • 5 x extra-large - R6 450 p.m. 2 bedroom, 1 bathroom, kitchen, lounge and balcony + Pre-paid meter • 12 x standard - R6 100 p.m. 2 bedroom, 1 bathroom, kitchen and lounge + Pre-paid meter • 10 x Bachelor - R5 330 p.m. 1 bedroom, 1 bathroom, kitchen, lounge and balcony + Pre-paid meter • Total income - R1 905 000 annual Parking available for 30 vehicles This rent included 1 parking per flat. Some tenants pay an additional R150 for extra parking
Erf Size : 2424m2 Rates - R13 000 p.m - R143 280/annually Lights and Water +- R5000 /month variable The roof has been waterproofed by Tenelle Waterproofing in 2021 with a guarantee of 10 years
THE BUILDING CAN BE CONSIDERED TO SELL WITH THE COMPANY AT AN ADDITIONAL COST. • It is not a vat registered company. Price does not include vat
Contact us to view this Property .
Features
Open Parkings 20
Zoning Commercial
Covered Parkings 10
Monthly Rates R13,000.00pm Excl. VAT
Floor Size 1,500m²
Land Size 2,424m²