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An ERF with two Properties on it, in the process of being zoned for a Sectional Title. Excellent condition and location that will provide security to your investment. This property consists of 11 Units with a very good rental History and all Units are fully let. The Complex consists of 1 X 3 Bedrooms on the First Floor- Open Plan Kitchen, Lounge & Dining Room, 2 Full Bathrooms, Veranda overlooking the Swimming Pool area. 4 X Two Bedrooms Simplex - Open Plan Kitchen & Lounge, 2 Bathrooms. 5 X 2 Bedrooms on the Ground Floor - Open Plan Kitchen & Lounge, 1 full Bathroom. 1 X 1.5 Bedroom on the Ground Floor overlooking onto the Swimming Pool - Open Plan Kitchen & a huge Lounge, 1 Bathroom (Shower, Toilet & basin). In addition to that, 1 extra Room with a Shower & toilet that can be used as a Gardener's room. Swimming Pool & Braai facilities in the Complex. Undercover Parking for all the Units. Current Rental Income - (TBA)
Purchase Price R 5 300 000
Type of PropertyApartment
Monthly Rates1750
Pets AllowedYes
Land Size744 m2
Last Updated03 Oct 2020
Flatlet1
Kitchen1
Bedrooms3
Bathrooms2
Lounges1
Dining Room1
Swimming PoolYes
Carports10
SecurityYes
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