An Ideal Investment Opportunity to own in an Exclusive Complex within the Rosettenville Area. All six apartments are currently tenanted and managed by Dormehl Phalane Property Group which mitigates any significant risk as an investment. The exterior of the building has been well maintained through the years providing reassurance as to the longevity of an investment of this nature. The owner took immense pride in the entirety of the property forming great relationships with the tenants currently in place. Details of the Each Apartments: - Under Roof: - 90sqm - 2 Bedrooms - 1 Bathroom - Sizeable Living Spaces Throughout - Kitchen including the Stove - Entrances from the Front and the Back of the Property. - One Designated Parking Bay per Apartment. - Excellent condition throughout. - Utilities are metered and charged according to each tenants usage. - Current Return of Investment of R28,000 a month. Dormehl, as a company, currently manages the property and can provide all details on income and expenditure. For an ideal investment to add to your property portfolio, please do not hesitate to contact us.
Purchase Price R 2 350 000
Building Size340 m2
Price Per SQMR 6911 m2
Type of PropertyApartment
Monthly Rates1707
Monthly Levy0
Land Size496 m2
Pets AllowedYes
Last Updated21 Dec 2023
Store RoomYes
Kitchen6
Bedrooms12
Bathrooms6
Lounges6
Dining Room6
Patio6
Carports6
SecurityYes
Add Email Alert
To receive emails for similar properties in Rosettenville!