2,800m² Apartment Block For Sale in West Turffontein
R3,500,000
1 Eastwood street
Web Ref No CLS3151
Well Maintained Apartment Block in West Turffontein For Sale
This well kept West Turffontein apartment block faces onto three streets and thus is on two corners and is in a quiet part of the suburb.
Rental income is R779 400 per annum.
At the asking price of R3.5 million, this translates into a yield of 22%
Features: X 6 two bed units of 70m2, X 6 one bed units of 60m2, X 2 bachelor units of 45m2, X 8 rooms, X 7 parking bays, courtyard, tiled floors, secure parking, wall & palisade fencing, laundry area, garden, fire escape, burglar proofing, driveway, paveway
Sadly, the tenants have stopped paying and this has become a problem
TURFFONTEIN
Turffontein was established somewhere in the late 1800’s which would mean it was established during the gold rush that established the greater Johannesburg or PWV (Pretoria, Witwatersrand, Vereeniging) which is also validated by the Robinson Deep shaft outside Turffontein.
Rental income is R779 400 per annum.
At the asking price of R3.5 million, this translates into a yield of 22%
Features: X 6 two bed units of 70m2, X 6 one bed units of 60m2, X 2 bachelor units of 45m2, X 8 rooms, X 7 parking bays, courtyard, tiled floors, secure parking, wall & palisade fencing, laundry area, garden, fire escape, burglar proofing, driveway, paveway
Sadly, the tenants have stopped paying and this has become a problem
TURFFONTEIN
Turffontein was established somewhere in the late 1800’s which would mean it was established during the gold rush that established the greater Johannesburg or PWV (Pretoria, Witwatersrand, Vereeniging) which is also validated by the Robinson Deep shaft outside Turffontein.
Features
Zoning Commercial
Monthly Rates R3,517.00pm Excl. VAT
Monthly Levy R500.00pm Excl. VAT
Floor Size 2,800m²
Land Size 991m²
Security Yes
Monthly Rates R3,517.00pm Excl. VAT
Monthly Levy R500.00pm Excl. VAT
Floor Size 2,800m²
Land Size 991m²
Security Yes
Extras
24 Hour Access
Accommodation
Balcony
Bath Toiletand Basin
Built in Wardrobes
Burglar Bars
Courtyard
Curtain Rails
Dishwasher Connection
Driveway
Double Storey
Dual Living
Fenced
Fibre
Freestanding
Garden
Internet Port
Metropolitan
Multi Storey
On Street Parking
Oven & Hob
Paveway
Perimeter Wall
Residential
Secondfloorandabove
Secure Parking
Security Gate
Shared Living
Suburban
TV Antenna
TV Port
Telephone Port
Tiled Floors
Totally Fenced
Totally Walled
Visitors Parking
Washing Machine Connection
Broker Contact Details
Patrick Foley
Non-Principal Property Practitioner
Registered with PPRA
(FFC 202 333 001 2)
Cell 082 340 5321
Office (011) 4095900
WhatsApp Me
Non-Principal Property Practitioner
Registered with PPRA
(FFC 202 333 001 2)
Cell 082 340 5321
Office (011) 4095900
WhatsApp Me
Message the Agent
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