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20 Bedroom Apartment Block For Sale in Isipingo Rail

R8,498,000


Monthly Bond Repayment R92,093.43
Calculated over 20 years at 11.75% with no deposit.

Web Ref No 4723556

INVESTMENT OPPORTUNITY - STUDENT ACCOMMODATION .

Perfect for an INVESTMENT opportunity for someone that is building their PROPERTY portfolio . Let your investment earn you an extra income .

This block of flats is ideal for student accommodation or one could take over the current leases .

This complex comprises of 20 FLATS which is as ff
16 Units have two bedrooms, open plan lounge, dining room, kitchen, bathroom, single parking , pre paid meters for lights and water
3 Units have one bedroom ,open plan lounge, dining room, kitchen, bathroom, single parking, pre paid meters for lights and water .
1 Unit is used for staff accommodation .

There are 16 units that is currently been rented out with an income of +-R 90 000 per month .
Your investment is already earning you an income that can assist you with your bond repayments .
Close to all amenities.
Think smart and make the smart move by giving me a call to view .

Features

Bedrooms 20
Security Yes
Bathrooms 1
Land Size 2,029m²
Carports/Parkings 20
Monthly Rates R1,900.00

Agent Contact Details

Nelly Archary
Non-Principal Property Practitioner
Registered with PPRA
(FFC 202 332 870 7)

Cell 084 620 2304
Office (031) 9031234
WhatsApp Me

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