R 600 000

1 Bed Apartment in Tzaneen

1 1 1 1.2 ha 44

Spotless fully furnished one-bedroom unit with air conditioner, TV, stove, and fridge. Craw Daddy''s Restaurant with kiddies play area.

Rental Income of R3 959.87, existing tenants have an 8-year lease agreement with a further 10-year option. The rent is managed by the Hotel Group and escalates by 5% yearly.

No levies or rates and taxes are payable.

8% RETURN ON INVESTMENT!!

Great investment opportunity is not to be missed!

Property details

Listing number T4451989
Property type Apartment
Erf size 1.2 ha
Floor size 44 m²
Rates and taxes R 1

Property features

Bedrooms 1
Bathrooms 1
Covered Parkings 1
Patio
Tv
Furnished
Aircon