R 1 695 000 | 12 bed property for sale in rosettenville

Property Description

An Ideal Investment Opportunity to own in an Exclusive Complex within the Rosettenville Area. All Four apartments are currently tenanted with Rent Rolls available on Request The exterior of the building has been well maintained through the years providing reassurance as to the longevity of an investment of this nature. Details of the Each Apartments: - Under Roof: - 110sqm - 3 Bedrooms - 1 Bathroom - Sizeable Living Spaces Throughout - Kitchen including the Stove - Entrances from the Front of the Property. - One Designated Garage per Apartment with additional parking space. - Excellent condition throughout. - Utilities are metered and charged according to each tenants usage. - Generating a Gross Income of -R27,000 a month (Varies according to Usage & Recoveries) All relevant figures are on hand and can be provided at request of a potential purchaser. Please note the property is zoned Res 4 and therefore will classify as a commercial loan which will require a 40% deposit based on the individual or businesses profile. We are happy to assist regarding any additional information on that front as well. For an ideal investment to add to your property portfolio, please do not hesitate to contact us.


Property Details

Purchase Price R 1 695 000

Building Size440 m2

Price Per SQMR 3852 m2

Type of PropertyApartment

Monthly Rates1200

Land Size574 m2

Pets AllowedYes

Last Updated02 Apr 2024

Rooms

Kitchen1

Bedrooms12

Bathrooms4

Reception Rooms

Lounges1

Dining Room1

External Features

Garages4

General Features

SecurityYes

FlooringTiles

Property Location

Similar Property in nearby suburbs

Agent

Kyle De Aguiar

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