Land Area 714 m²
Rates R 5500
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.
Contact Agent
Need a home loan?
