1 Bedroom Flat in Selection Park

R 2 700 000

Jan van Nieuwenhuizen

Homenet-Geduld

1 Bedroom Flat in Selection Park

R 2 700 000

1 Beds
1 Baths

*This block of flats is registered under sectional title and consists of 4 one bedroom flats (61m2 each) and 4 two

bedroom flats (74m2 each). One 2 bedroom flat is currently in private ownership

*It is ideally located near the Springs CBD and therefore excellent for rental demand or to be sold off individually.

*The units have individual electricity meters.

*The one bedroom units can be rented out for at least R2,500 per month and the two bedroom units for not less

than R3,000 per month (R19, 000 for all 7 units per month R228,000 per year return on investment).

*A single lockup carport is available per unit.

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Key Property Features

1
Bedrooms
1
Bathrooms
1
Covered Parkings
1
Lounges
BIC
Kitchen

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Jan van Nieuwenhuizen

Jan

van Nieuwenhuizen

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Experience Springs

Although Springs is a predominantly industrial city, its suburbs are lush and leafy, with many trees, parks and open spaces giving it a suburban character. This neighbourhood offers a peaceful and quiet lifestyle, about 50km from Johannesburg. Founded as a coal and gold mining town in 1904, Springs has a rich history which can be seen in its older buildings that bring the past into the present. This is an economically diverse neighbourhood with employment opportunities in many industries ranging from manufacturing, to commerce, to hospitality and mining.

The windmill at Windmill Park in Springs
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1 Bedroom Flat in Selection Park

R 2 700 000

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