3 Bedroom Townhouse in Glenvista

R 39 500 000

Tyrone Davidson

Property.CoZa-Johannesburg South

3 Bedroom Townhouse in Glenvista

R 39 500 000

3 Beds
2 Baths
Floor Area 120 m²
Land Area 6000 m²

COMPLEX FOR SALE!!!!

44 units consisting of 8x3 bedroom units, 36x2 bedroom units, full face brick complex with modern appeal, Very modern finishes inside with granite tops in the kitchen and bathrooms,tiled throughout, double volume ceilings, aluminium window frames, 2 carports per unit, complex has its own play area and mini park. complex has its own double story office block for staff to manage the complex on site. (great position, amazing area, don't miss out on the opportunity of a lifetime!)

15% gross return.

All plans have been approved and all units are occupied by paying tenants.

The complex is registered as residential to avoid high rates and taxes.

Rental income,+-R280 000

Very sought after rental complex with big waiting list, constant tenant enquiries.

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Key Property Features

3
Bedrooms
2
Bathrooms
2
Covered Parkings
2
Lounges

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Tyrone Davidson

Tyrone

Davidson

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Experience Johannesburg South

The Johannesburg South Neighbourhood includes the suburbs of Bassonia, Glenvista, Lenasia, Oakdene, Winchester Hills and Mulbarton. Although the area is being developed fast, Johannesburg South still retains much of its natural beauty. With the endless hills disappearing into the horizon, and many exclusive wildlife estates, one might imagine being in a nature reserve. "The South", as it is most commonly referred to by the locals, is mainly divided into two main parts - the older part on the north side of the N12, and the newer part on the south of the highway. The people of "the South" are family-orientated and active.

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3 Bedroom Townhouse in Glenvista

R 39 500 000

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