This property is an investors dream. There are 51 units in the complex ranging from 57 square meters to 114 square meters on ground floor and first floor. There are apartments with 1.5 bedrooms, 2 bedrooms and 3 bedrooms. Most of the apartments are already let. Buyers have the choice to continue the lease as additional income or if you want the apartment for personal use you can terminate the rental.
The seller is offering special discount for investors who are willing to buy the whole block of flats as a long term rental income. For those investors who are only looking for a few flats there is also discounts available and finally if you are looking for an apartment for your personal use the seller is ready to sell individual flats as well.
If you are considering buying the whole block please contact us for price and more information.
If you are looking for a few flats or an individual flat, the prices vary according to the floor level and number of bedrooms.
1.5 bedroom + 1 bathroom units range between 684K to 803K
2 bedroom + 2 bathroom units range between 1m to 1.2m
3 bedroom + 2 bathroom units range between 1.2m to 1.44m
So contact us for viewing and finalizing the prices.
The rental income is averaging at:
R5500-R6000 for one bedroom units
R7500-R8000 for two bedroom units
R8500-R9000 for three bedroom units