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32 Bedroom Gated Estate For Sale in Ferndale

R20,000,000


Monthly Bond Repayment R213,285.93
Calculated over 20 years at 11.5% with no deposit.

Web Ref No CSRB-9329
Sectional title complex comprising of- 32 individual units - 16 ground floor + 16 upper floor units - all identical 2 bedroom 1 bathroom units. Fully renovated with modern kitchens and bathrooms. Each unit has 2 undercover parkings. Ground floor units with own garden.
Buy this established, well maintained block of townhouse apartments as a going concern - FULLY LET.
100 % Occupancy - all year round rental income R200 000 + per MONTH !!!

Features

Bedrooms 32
Security Yes
Bathrooms 32
Recep. Rooms 1
Floor Size 55m²
Land Size 2,014m²
Carports/Parkings 64
Pets Allowed Yes
Monthly Rates R9,700.00

Make an Offer

Market value

R20,000,000

Offers from

R17,500,000

Offers for this listing must be made in RNone increments. More Info

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