Commercial space in Lenasia South

R 6 490 000

Alec Lau

Pam Golding Properties-Johannesburg South

Mario Crouch

Pam Golding Properties-Johannesburg South

Commercial space in Lenasia South

R 6 490 000

Address: 2291 magson heights, 14 kanarie road
Land Area 3375 m²

Lenasia South: 22 Apartments: Investment Sale - High Occupancy, Attractive Yield. This Residential investment property comprises 22 low maintenance apartments in two double-storied blocks.

The property is well built spacious well maintained and located in the best residential area of Lenasia South Ext 1. There are 22 units in total of which 14 units consist of 3 bedrooms and 8 units which are 2 bedroom units. The buildings comprise two floors and is fully face brick to lower regular maintenance costs.

Each unit has a tiled kitchen with granite kitchen tops & B.I.C's and space for fridge and 1 other appliance. The lounge/dining are carpeted or tiled open plan. The bathrooms have baths or baths with showers above bath, WB and WC. The carpeted main bedrooms are spacious and all bedrooms have a set of built-in cupboards. The ground floor units have a neat small patio area.

Large parking area permitting 1 parking space per unit, plus visitors' parking is designated. The property has perimeter palisade fencing and an on-site guard with a remote-link to armed response.

The open community garden area is largely fully paved and buildings' exterior are well maintained. The property is close to all local Lenasia South amenities and 4 kms away from a Shoprite supermarket Centre.

The net investment yield is attractive for the residential realty market. Due diligence e.g. rent-rolls, lease agreements and ownership expenses is subject to a non-disclosure agreement.

Attractive net Return on Investment (ROI)/Net Yield.

Please contact PGP's Commercial Investment consultant and make your enquiries now, so you will not miss out on a corner-stone investment for a retirement-funding portfolio

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Alec Lau

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Mario Crouch

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Commercial space in Lenasia South

R 6 490 000

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