R 480 000

1 Bed Apartment in Tzaneen

1 1 1 1.2 ha 34

Lovely bachelor''s unit for sale at well-known hotel group.

Investors only!!

Spotless, fully furnished, aircon, TV, stove and fridge. Crawdaddy''s Restaurant with a kiddies play area and a conference facility.

Rental Income

Existing tenants

No levies or rates and taxes payable.

Rental is managed by the hotel group, the rent escalates by 5% every year in April. A 10 year lease agreement is in place with 8 years remaining. Current rent is R3365-89 per month.

8% Return on Investment

Great investment opportunity not to be missed.

Property details

Listing number T4616205
Property type Apartment
Erf size 1.2 ha
Floor size 34 m²
Rates and taxes R 1

Property features

Bedrooms 1
Bathrooms 1
Covered Parkings 1
Balcony
Patio
Pool
Security Post
Tv
Furnished
Aircon