24 Bedroom Apartment in Grahamstown (Makhanda) Central
LUCRATIVE INVESTMENT OPPORTUNITY- 2 X BLOCKS OF FLATS - KRAAINES SECURE COMPLEX IN GRAHAMSTOWN
Explore a remarkable investment opportunity at Kraaines, a secure and well-maintained complex located in the vibrant city of Grahamstown. This property is perfect for investors seeking steady returns and long term value. Offering both residential living in 2 attractive blocks.
Property features:
12 Spacious units, each featuring:
- 2 Bedrooms
- 1 X Well appointed bathroom
- Comfortable and spacious lounge
- Private balcony at all units
- Kitchen features:- built in cupboards with melamine finishes
Amenities:
- Ample built in cupboards for storage
- Dedicated laundry room
- Plumbed in backup water tanks to enhance tenants satisfaction
- Access to Fibre - Frogfoot - Cloudnet system
Security:
- Off street parking
- Remote access and intercom system for added safety
Outdoor space:
- Beautifully maintained garden that improves the living environment and increases rental appeal
The complex also comprises of:
- A spacious double storey cottage
Downstairs:
- Lounge
- Dining room
- Kitchen
Upstairs:
- 3 Bedrooms
- Bathroom with shower, basin and WC
- Enclosed balcony
- Outside office with shower and basin
- Secure off street parking
- Retail space with shop frontage onto Hill Street
- 2 X Workshops
Investment potential:
Kraaines boasts a strategic location, making it a highly sought-after rental property in Grahamstown. The combination of modern conveniences and solid infrastructure ensures strong demand and low vacancy rates. This complex offers investors the potential for consistent rental income and long term capital appreciation.
For more details or to arrange a viewing, please contact me today to discover how Kraaines can be a valuable addition to your investment portfolio.
Financials available on request.
LOWER ALBANY FRONTIER PTY LTD trading as REMAX Frontier Grahamstown operates in terms of a franchise agreement with REMAX of Southern Africa.
Property details
- Listing number T4831965
- Property type Apartment
- Listing date 18 Oct 2024
- Land size 3 205 m²
- Rates and taxes R 12 215
Property features
- Bedrooms 24
- Bathrooms 12
- Lounges 12
- Open parking 15
- Access gate
- Balcony
- Fenced
- Kitchen
- Garden
- Electric fencing
- Paving