806m² Building For Sale in Berea
R12,000,000
Mount Pleasant
Web Ref No CLS817
The Perfect Investment Opportunity in Berea
LOCATION, LOCATION, LOCATION!!!
Conveniently located close to Louis Bortha in the most tranquil part of Berea moments away from the Fire Station. This recently renovated block is as good as new and in mint condition and fully tenanted.
This block comprises of:
8 x huge 2 bedrooms (over 180 sqm each)
12 x huge 1 bedrooms (over 100 sqm each)
15 x single rooms
20 x parking bays
Storage rooms and many more
Gross Annual Revenue R 1,809,330.00
A guaranteed 12.5% YIELD that can easily be increased by reconfiguring the huge apartments to create more units.
Conveniently located close to Louis Bortha in the most tranquil part of Berea moments away from the Fire Station. This recently renovated block is as good as new and in mint condition and fully tenanted.
This block comprises of:
8 x huge 2 bedrooms (over 180 sqm each)
12 x huge 1 bedrooms (over 100 sqm each)
15 x single rooms
20 x parking bays
Storage rooms and many more
Gross Annual Revenue R 1,809,330.00
A guaranteed 12.5% YIELD that can easily be increased by reconfiguring the huge apartments to create more units.
Features
Building Name Mount Pleasant
Zoning Commercial
Basement Parking 20
Monthly Rates R25,000.00pm Excl. VAT
Floor Size 806m²
Land Size 805m²
Security Yes
Zoning Commercial
Basement Parking 20
Monthly Rates R25,000.00pm Excl. VAT
Floor Size 806m²
Land Size 805m²
Security Yes
Broker Contact Details
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