Floor Area 2086 m²
Land Area 1670 m²
Rates R 12320
EXCELLENT STUDENT ACCOMMODATION OPPORTUNITY!
CALLING ALL INVESTORS:
Monthly Rental Income: R107 340
Water recovery: R5 700
Monthly Expenses: R43 555
Monthly Net Income: R69 485
Yearly Net Income: R833 820
ROI: 14,13%
R5 900 000 (BRING OFFERS!)
SOLE MANDATE
THE PROPERTY CONSISTS OF THE FOLLOWING:
3 APARTMENT BLOCKS - 24 apartments
Unfurnished
ALL TENANTED with Leases and deposits
4 RETAIL SHOPS
ALL TENANTED with Leases and deposits
The information provided is believed to be true and correct but does not form part of any agreement
Key Property Features
44
Bedrooms
23
Bathrooms
23
Lounges
✔
Security Post
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