R 7 999 000 | 12 bed property for sale in northdene

Property Description

Mixed-Use Property for Sale with Development Potential This complex dwelling comprises: • 2 x 3-bedroom, 2-bathroom houses (1 with a pool) - 200m² each • 2 x 2-bedroom, 1-bathroom apartments - 90m² each • 1 x 1-bedroom, 1-bathroom flat - 60m² • 1 x Office with kitchenette and toilets - 50m² • Vacant land with development potential - 1000m² (Architectural plans available for 4 x 2-bedroom units, 90m² each) Key Features: • Upgraded 3-phase power and bulk water meter for complex dwellings • Sectional title completion possible • Convenient location on a busy thoroughfare, with bus routes and nearby businesses • All units currently occupied, making it easy to find tenants • Current rental income of R55 000 per month • Monthly rates: R3 000 Financing Options: 100% Finance arranged for self-employed and salaried individuals. Complete the document on additional documents for Finance approval and submit relevant docs. Best terms and rates through all major banks and other financial institutions. Insurance options are available through our sister company. Get in contact today!


Property Details

Purchase Price R 7 999 000

Type of PropertyApartment

Last Updated01 Mar 2024

Rooms

Bedrooms12

Bathrooms8

Property Location

Similar Property in nearby suburbs

Agent

Desigan Naidoo

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