20 Bedroom Apartment For Sale in Arcadia

R12,000,000

Monthly Bond Repayment R123,862.61
Calculated over 20 years at 11% with no deposit.

Web Ref No CPRT-9163

Apartment block available for sale in Arcadia

This spotless 4 Story building is centrally situated and fully tenanted. It will also lend itself as a student accommodation property as it is situated on the bus routes in Arcadia.
The units themselves are all bachelor units, though each comes with a spacious enclosed balcony which are larger than most bedrooms.
The building has 7 undercover parking bays which are charged out at R660.00 per month each.
This building has been well looked after and maintained by its owners.
The units are very spacious as is the case with many of these older buildings and and solidly built.
The building has one Schindler lift which is maintained by the company.
Electricity is supplied through prepaid electricity meters.

Features

Bedrooms 20
Security Yes
Bathrooms 20
Recep. Rooms 20
Dom. Accom. 1
Land Size 910m²
Carports/Parkings 7
Pets Allowed Yes
Monthly Rates R2,135.00

Extras Lift (Schindler)