Property details

12

?

Beds

Baths

Garage

Parking

Rooms

Swimming Pool

Garden

Furnished

Restaurant

Pet Friendly

Alarm

Guest Rooms

Wheelchair

Wireless

Aircon

Spa

Elevator

Conference Facilities

Erf size:
714 m²
Rates and Taxes:
R5,500 per month

Features

  • Tiled roof
  • Face brick walls
  • Steel windows
  • Security including burglar bars
  • Cellular coverage

Investment opportunity

The multiple storey building consists of the following: Six shops on the ground floor, with a total income of +/-R55 000.00 per month. Student accommodation flats that can accommodate 54 students on the first and second floor, with a total income of +/- R237 000.00 per month. There are 2 two-bedroom units with a separate kitchen, living area and bathroom. The other 10 units are one-bedroom units with a separate kitchen, living area and bathroom. The building has a 20 000 liter tank and borehole water. The property is fully occupied for the next 3 years with a rental escalation of 6% yearly. Call now for your private viewing.

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