Property Features
PRIME INVESTMENT UP FOR GRABS ! MIXED USE BUILDING 23 Units IN SOUGHT AFTER LOCATION.
EXCELLENT MIXED USE BUILDING !
EXCELLENT SPREAD OF ROOMS - DOUBLE AND SINGLE ROOMS OFFERED !
HUGE ROOMS IN GREAT CONDITION !
BUILDING RECENTLY UPGRADED PLUS A BRAND NEW ROOF !
PRIME LOCATION WITH HIGH TENANT DEMAND !
FULLY TENANTED YIELDING IMPRESSIVE RETURNS !
- /
- This Excellent Investment is up for Sale, Offering:
- Ground Floor:
- Entrance and Foyer - very clean and neat Impression.
- 12 x Single / Bachelor Rooms all neatly painted with Tiled Flooring, with own bathroom and Kitchenette / sink
- 1St Floor:
- 6 x Double Rooms Offering quality Rooms, Large in size and with bathrooms and Kitchen / Kitchenettes
- Access to balcony area at back ideal for hanging washing etc
- 2nd Floor
- 5 x Double Rooms very neat and extra spacious, offering bathrooms and Kitchens / Kitchenettes
- 2 x Retail Shops on street Level boasting with brand new Roller shutter doors.
- Exterior of this building has been upgraded and offers a striking and appealing street view.
- Income:
- 12 x Singles at R2800 +- R34k
- 11 x Double Rooms at R3500 - R4100 +- R31k
- Retail Shops (conservative rates) at R6500 +- R12k
- Total Current Income +- R77 000 p/m Gross
- Exp (Rates R1800, Wifi R999) R8000-R9000
- Net Income at R68 000 !!!
- All utilities are Metered for convenience of Management
- (W&L)
- ** Electricity recovered from Tenants at R3/Kw
- Water recovered at R50/KLitre
- All units with Prepaid meters
- Billing administered by Citiq
- CCTV System - Recently fitted x 8 Cameras
- Don't delay on this EXCITING Offering, it will not be available for too long !!!
- ******* PRICED TO SELL ******
- Call me immediately to secure your first option !
+27 (0)72 684 8400
+27 (0)72 684 8400
whatsapp agent
altacaldanhomes@gmail.com
altacaldanhomes@gmail.com
View all agent properties
+27 (0)63 171 7358
+27 (0)63 171 7358
whatsapp agent
debruingeorge27@gmail.com
debruingeorge27@gmail.com
View all agent properties