Commercial space in Selection Park

Property Overview - Art Deco Design

An excellent opportunity to invest in a fully tenant block of flats offering consistent monthly income and strong rental demand. This well maintained property consists of 9 residential units and 13 garages, situated in a sought-after area.

Breakdown

6 x 2-Bedroom Units - each with a bathroom, kitchen, lounge and a private patio.

3 x 1-Bedroom Units - each with a bathroom, kitchen, lounge and a private patio.

Features

All units feature stylish wooden flooring.

Bedrooms include built-in-cupboards

Linen cupboards provided in each unit

Prepaid Electricity meters for cost control

13 Garages providing ample tenant parking or additional rental income

Low municipal rates keep operational costs manageable

Financials

Current monthly rental income R30 700 (potential to increase with market related rentals)

Expenses - low due to prepaid utilities and efficient design.

This is a prime investment offering steady cash flow with potential for capital growth. Ideal for seasoned investors or new entrants looking for a low maintenance income generating asset.

Don''t delay call TODAY !!!!!