R 2 350 000 | 12 bed property for sale in rosettenville

Property Description

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.


Property Details

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

Rooms

Store RoomYes

Kitchen6

Bedrooms12

Bathrooms6

Reception Rooms

Lounges6

Dining Room6

External Features

Patio6

Carports6

General Features

SecurityYes

Property Location

Similar Property in nearby suburbs

Agent

Kyle De Aguiar

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