Property details

40

?

Beds

Baths

Garage

Parking

Rooms

Swimming Pool

Garden

Furnished

Restaurant

Pet Friendly

Alarm

Guest Rooms

Wheelchair

Wireless

Aircon

Spa

Elevator

Conference Facilities

Erf size:
3,375 m²
Energy Supplies:
Generator,
Insurance
R6,553 per month
Operating Costs
R6,500 per month

Features

  • Main bedroom with built-in cupboards and tiled floors
  • Bedroom 2 with built-in cupboards and tiled floors
  • Bedroom 3 with built-in cupboards and tiled floors
  • Bathroom with basin, bath, toilet and tiled floors
  • Kitchen with tiled floors, wood finishes and stove
  • Living room with tiled floors
+  see more

Additional buildings

  • 22 x Flatlet (22 Bedrooms , 1 Bathroom)

Residential block of 22 Apartments: Investment Sale - High Occupancy, Attractive Yield

This Residential investment property comprises 22 low maintenance apartments. The property is well built; spacious; well maintained and located in the best residential area of Lenasia South Ext 1. There are 22 units in total of which 14 units consist of 3 bedrooms and 8 units which are 2 bedroom units. The buildings comprise two floors and is fully face brick to lower regular maintenance costs. Each unit has a tiled kitchen with granite kitchen tops & B.I.C's and space for fridge and 1 other appliance. The lounge/dining are carpeted or tiled open plan. The bathrooms have baths or baths with showers above bath, WB and WC. The carpeted main bedrooms are spacious and all bedrooms have a set of built-in cupboards. The ground floor units have a neat small patio area. Large parking area permitting 1 parking space per unit, plus visitors' parking is designated. The property has perimeter palisade fencing and an on-site guard with a remote-link to armed response. The open community garden area is largely fully paved and buildings' exterior are well maintained. The property is close to all local Lenasia South amenities and 4 kms away from a Shoprite supermarket Centre. The net investment yield is attractive for this market. Due diligence e.g. rent-rolls, lease agreements and ownership expenses is subject to a non-disclosure agreement. Attractive net Return on Investment (ROI) / Net Yield. Please contact PGP's Commercial Investment consultant and make your enquiries now, so you will not miss out on this opportunity.

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30 Kanarie Road, Lenasia South

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