R 7 500 000 | 30 bed property for sale in pretoria north

Freehold block of flats with 15 X 2 Bedroom Apartments for sale in Pretoria North CBD. This block is close to all major supermarkets, garages, super and mini malls and all other infrastructures available within the Pretoria North CBD environment. The property has been originally zoned for an additional 2 floors on the current level. The would-be purchaser has a big advantage as the sale of this block is less VAT value as the sale goes as a sectional title but 15 title Deeds hence reducing the eventual payment and saving the buyer more than R500, 000 worth of VAT payable. All the apartments are currently occupied with a monthly rental income of between R4, 200 & R4, 400 depending on Unit sizes. Rates/Taxes to municipality is about R4, 000/month. No levies are applicable on this property. Genuine Seller asking price of R7, 500, 000 (SLIGHTLY NEGOTIABLE PREFERENCE FOR DIRECT CASH-BUYER INVESTORS). This is a lucrative investment never to be missed.