6 Bedroom Flat For Sale in Cradock

R4,300,000


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!

Features

Bedrooms 6
Security Yes
Bathrooms 3
Study 6
Floor Size 1,265m²
Land Size 3,530m²
Carports/Parkings 1
Monthly Rates R2,185.00

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