R 2 650 000 | 8 bed property for sale in fishers hill

Property Description

Located in the heart of Fisher’s Hill on Main Street, this fully tenanted block of 8 flats presents a fantastic investment opportunity. Positioned on a prime transport route, the property offers easy access to taxis and buses, making it highly attractive to tenants. Property Features: • 7 One-Bedroom Flats – Spacious 56m² units each featuring a lounge, dining area, kitchen, bedroom, and bathroom. • 1 Studio Flat – Compact unit with a kitchen, ideal for a single tenant. • Total Monthly Rental Income: ±R33,000 • Municipal Rates: Only R2,938 per month • Electricity: Billed by the municipality and recovered via prepaid meters. • Parking: Not provided, but ample street parking available. This high-yield investment offers stable rental income in a sought-after area. Contact us today for more details or to arrange a viewing! Disclaimer: Lifestyle Property Group has tried to ensure that all representations contained in this advertisement are accurate but provides no guarantees whatsoever. The representations herein have not been compiled to meet a Purchaser’s individual requirements and it remains the Purchaser’s sole responsibility to inspect the property duly prior to entering into any purchase agreement. The representations herein do not constitute the terms of sale as the images and descriptions are merely indicative. LPG assumes no responsibility for any errors, and we reserve the right to correct/change/update the advert at any time without prior notice.


Property Details

Purchase Price R 2 650 000

Building Size496 m2

Price Per SQMR 5342 m2

Type of PropertyApartment

Monthly Rates2938

Monthly Levy1

Land Size496 m2

Last Updated03 Apr 2025

Rooms

Study1

Kitchen7

Bedrooms8

Bathrooms7

Reception Rooms

Lounges7

Dining Room7

Property Location

Similar Property in nearby suburbs

Agent

Richard Makola

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