Monthly Bond Repayment R41,495.93
Calculated over 20 years at 10.0% with no deposit. Change Assumptions
Web Ref No 2253815
Income Producing Property. Block of flats with potential to expand.
a Prime location in a solid growth area. Business opportunity!! This well maintained investment with present good return and possibility of excellent return up for grabs.
Comprising 3 x 3 bedroom units, 9 x 2 bedroom units, 2 x 1 bedroom units and a hall presently rented to a church. Present rental income R40k+ pm . A storeroom and unused porch could be developed into another 3 units. Yard space exists to develop another 8 units. Access control and secure walled property.
Don`t miss out on this excellent opportunity!
Floor Size 1,265m²
Land Size 3,530m²
Monthly Rates R2,185.00