1200 m² Commercial space in Kenmare

R 5 500 000

Louis Scholtz

Key West Estates

1200 m² Commercial space in Kenmare

R 5 500 000

27 terenure street
Can I afford this?
24 Beds
18 Baths
Floor Area 1200 m²
Land Area 1500 m²
Rates R 4000

27 and 29 Terenure road Kenmare

12 Flats for Investment

One 3 bedroom flat with 2 full bathrooms, 4 off 2 Bedroom flats with 2 bathrooms, 5 flats with 2 bedrooms and 1 full bathroom and 1 single room with toilet and basin. All 12 units have tenants in with a combined income of R 48 150.00 per month, easy access to Ondekkers Road, near premiere and secondary schools. Ideal for people working in Factoria Business Park and surrounding areas. Communal pool and braai area. The process to declare the flats as sectional titles is 75% completed. Current income R 48150.00 per month increase due at end of April 2017, projected new income R 58500.00

Flat number 1

2 Bedroom flat with 2 bathrooms and big open plan kitchen lounge area, current rent R 4400.00 increase due in March R 5500.00

Flat number 2

2 Bedroom flat with 2 bathrooms and big open plan kitchen and lounge area, current rent R 4400.00 increase due in March R 5500.00

Flat number 3

2 Bedroom flat with 1 full bathroom and open plan kitchen lounge area, current rent R 4000.00 increase due in March R 5000.00

Flat number 4

2 Bedroom flat with 1 full bathroom and open plan kitchen lounge area, current rent R 4000.00 increase due in March R 5000.00

Flat number 5

2 Bedroom flat with 1 full bathroom and open plan kitchen lounge area, current rent R 4000.00 increase due in March R 5000.00

Flat number 6

2 Bedroom flat with 1 full bathroom and open plan kitchen lounge area, current rent R 4000.00 increase due in March R 5000.00

Flat number 7

1.5 Bedroom flat with 1 full bathroom and open plan kitchen lounge area, current rent R 3800.00 increase due in March R 4500.00

Flat number 8

2 Bedroom flat with 2 bathrooms and open plan kitchen lounge area, current rent R 4200.00 increase due in March R 5000.00

Flat number 9

2 Bedroom flat with 2 bathrooms and open plan kitchen lounge area, current rent R 4200.00 increase due in March R 5000.00

Flat number 10

3 Bedroom flat with 2 full bathrooms and open plan kitchen lounge area, current rent R 5250.00 increase due in March R 6500.00

Flat number 11

2 Bedroom flat with 1 full bathroom and open plan kitchen lounge area, current rent R 4400.00 increase due in March R 5000.00

Flat number 12

1 Bedroom with toilet and wash basin current rent R 1500.00

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Key Property Features

18
Bathrooms
24
Bedrooms

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Louis Scholtz

Louis

Scholtz

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1200 m² Commercial space in Kenmare

R 5 500 000

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