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11 Bedroom Apartment For Sale in Moseley Park

R6,950,000


Monthly Bond Repayment R75,317.64
Calculated over 20 years at 11.75% with no deposit.

Web Ref No CSPN-1307
6 UNIT COMPLEX FOR SALE IN QUEENSBURGH....
This neatly maintained fully fenced 6 unit complex is well located in the heart of Queensburgh close to the M7 & N2. It is also in close proximity to SAPS, Metro Police, Medical & Shopping Centres, Primary Schools and Tertiary institutions.

These spacious units are fitted with built in cupboards, porcelain tiles, granite tops, hob and undercounter oven, security gates, etc. The complex boasts a communal swimming pool, perimeter fencing, tarmac driveways, individual garage, aluminium windows, and a neatly maintained garden with ample parking.

The units are not being sold individually although the sectional plans have been approved. The current monthly rental income from the units are : Unit 1 : Office : R8000 / Unit 2 : 3 bedroom house : R11000 /
Unit 3 : 1 bedroom : R5000 / Unit 4 : 3 bedroom with double garage : R12000 / Units 5 and 6 are 2 bedroom each at R7500 each (total R15000). The total income is R51000 per month and are below the current market rates. This is an ideal buy for an investor wishing to enter into the lucrative rental market or add to the stock of an already avid buyer.

To view this fabulous development contact Ronnie Veeran now....

Features

Bedrooms 11
Security Yes
Bathrooms 6
Recep. Rooms 12
Garages 2
Land Size 3,038m²
Pool Yes

Agent Contact Details

Ronnie Veeran
Pinetown, Malvern & Chatsworth

Cell 082 371 7698
Office 031 701 2150

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