• 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
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Disclaimer: While every effort will be made to ensure that the information contained within the Chas Everitt International Property Group website is accurate and up to date, Chas Everitt International Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.
