Situated near the town center, this complex offers an excellent investment opportunity. Comprising eleven units, each apartment provides approximately 80 square meters of living space. All units are currently leased to long-term tenants, ensuring consistent occupancy. Approximately Rental Income: R 43 350.00 Expenditure: Rates R12 429.00.
The complex features a secure, walled, and fenced enclosure with an automated security gate, and a well-maintained paved driveway, offering residents a safe and pristine living environment.
Each apartment includes:
Two bedrooms A bathroom with a shower over the bath A fully functional kitchen A spacious lounge area Laundry facilities A designated carport for parking Residents can also enjoy a communal braai area, perfect for family gatherings and social events. Additionally, there is potential for further development within the complex.
Oudtshoorn is a peaceful country town nestled away in the stunning Western Cape province, and attracts tourists and visitors through its various outdoor and nature activities. From the world famous “Cango Caves” to the fun family-oriented “Meerkat Adventures”, Oudtshoorn is the perfect place for a family holiday, or indeed the simplest form of leisure.
Due to the naturally...
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Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.