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R 2 200 000 | apartment property for sale in orange grove

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Property Description

9 Apartments - Annual income of R372,000 p/a Asking Price: R2,200,000 with an approx. yield of 15% 4 Recently renovated apartment blocks situated in Orange Grove. The properties consists of 28 apartments and 1 shops The properties can be sold as a lot or individually. Property Description: Apartment 1 has 7 rental units with an annual income of R300,000. Asking price is R1,900,000. Apartment 2 has 9 rental units with an annual income of R372,000. Asking price is R2,200,000. Apartment 3 has 6 rental units with an annual income of R360,000. Asking price is R2,200,000. Apartment 4 has 7 rental units with an annual income of R318,000. Asking price is R1,900,000.


Property Details

Purchase Price R 2 200 000

Building Size200 m2

Price Per SQMR 11000 m2

Type of PropertyApartment

ZoningCommercial

Last Updated31 Oct 2020

Property Location

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