4 Bedroom House in Rouxville

R 14 700 000

Howard Hoff

Lew Geffen Sotheby’s International Realty-Bedfordview

4 Bedroom House in Rouxville

R 14 700 000

4 Beds
2 Baths
2 Garages
Land Area 2022 m²
Rates R 600

Investment opportunity for a land Barron.

Be the landlord over 6 magnificently designed cluster type homes .Each featuring identical facilities, 4 bedrooms upstairs, with two bathrooms and a pyjama lounge. Downstairs features an open plan living area with guest toilet, kitchen, dining room and lounge area. The units have Double Garages and compact easy to look after front gardens and staff rooms. All kitchens feature Granite tops, all windows are aluminium. Easy work from home possibilities exist for professionals with the conveniently placed staff room.

The whole complex is let out and is most sought after by tenants in this predominately Jewish area .Tenants wishing to walk to shul and local schools in the area find the facilities particularly appealing .The complex features simple Balinese lines and has ample parking for visitors & plenty play area for children to play.

The complex is graced with an imposing main entrance and is south entry to all units that are predominantly North Facing.

Totally let out since it was built, this investment building offers a good return on investment for any owner willing to become a landlord. Rates and taxes as well as running costs are very low as the property is still consolidated as one stand and the building is still relatively new and has been well maintained. Many of the leases have been in place for years and some of the tenants have recently signed up new leases.

New owners can apply for sectional title in the future as the legal work is partially completed and would not take too much effort to complete.

Viewing is strictly by appointment, as tenants rights have to be adhered to.

Contact this agent for more detail.

Each unit is 238m2

Rates and tax on the whole complex is R600 but this could change with the change of ownership.

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Key Property Features

4
Bedrooms
2
Bathrooms
1
Dining Areas
2
Garages
2
Lounges
Alarm
Staff Quarters

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4 Bedroom House in Rouxville

R 14 700 000

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