- 7
- 9
- 6
- 800 m2
- 1 230 m2
Monthly Costs
Monthly Bond Repayment ZAR .
Calculated over years at % with no deposit. Change Assumptions
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Mun. Rates & Taxes: ZAR 4212.00
Property description
On offer is a unique income generating block of flats, made up of the main house that consist of 5 spacious bedrooms, a stunning kitchen, 3 beautiful bathrooms and living 2 living rooms, 5 X 2 spacious bedroom units plus a 1 bedroom flat! With careful planning and conversion, more flats could be created for tenure. The main house could be divided into 4 units. An outbuilding on the premises could also be converted into one or two more units. The flats are situated in a very good and sought after area and should never be vacant The block is generating a good income. The units have beautiful kitchen cabinets and built in wardrobes.
The block of flats further is fitted with Fibre and has pre-paid electricity. It is situated on the main artery into the city center and within walking distance to the city center. The property is Zoned General Residential 1, Subzone E which makes provision for a Block of Flats, Places of Instruction, Institutions, Retirement Resorts and many more.
If it has always been your passion to own a block of flats, then this a wonderful opportunity to start your portfolio.
Property Details
- 7 Bedrooms
- 9 Bathrooms
- 6 Garages
Property Features
- Study
- Kitchen
- 1 x 4 Bedroom flat (180sqm)
- 5 x 2 Bedroom flats (65 sqm)
- 1 x 1 Bedroom flat
- Cooling fans
| Bedrooms | 7 |
| Bathrooms | 9 |
| Garages | 6 |
| Floor Area | 800 m2 |
| Erf Size | 1 230 m2 |
