R 11 950 000
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11 Bed Flat in Berea

11 10 847 m² 674 m²

2 Apartment Blocks Comprising 4 Units In Prime Musgrave

Unit 1:

1.Size: 237 sqm

2.Features:

1.Renovated unit

2.4 bedrooms

3.3 en-suite bathrooms (MES = Main En-Suite)

4.2 additional general bathrooms

5.Built-in cupboards (BIC''s) in all bedrooms

6.Modern fully fitted kitchen

7.Double garage

8.Parking for 4 other cars

9.Outside one-bedroom flatlet with MES and kitchen

10.Small garden area

Unit 2:

Size: 847 sqm (total for all units)

Features:

1.Modern 3-level unit

2.Penthouse with 3 bedrooms and 2 bathrooms

3.Fully fitted kitchen in the penthouse

4.Lounge and dining room in the penthouse

5.Second unit with 2 bedrooms and 2 bathrooms

6.Third unit with 2 bedrooms and 2 bathrooms

7.Parking for 6 cars

8.Nice city views and sea views with balconies

9.All units are fully tenanted with high rental income

10.No levy, only rates to be paid

11.Perfect for an extended family or as an investment property

Additional Information:

1.Both units are for sale.

2.Total size for Unit 2 is 847 sqm, indicating it comprises multiple separate units.

3.Unit 2 offers balconies with city and sea views, making it attractive for tenants.

4.The properties are fully tenanted, ensuring a high rental income potential.

5.Unit 1 seems more suited for a single family with its size and configuration, while Unit 2 offers flexibility with multiple units and parking spaces.

These properties appear to be a lucrative investment opportunity, especially with the rental income and the potential for use by an extended family or as separate rental units.

Property details

  • Listing number T2735800
  • Property type Flat
  • Erf size 847 m²
  • Floor size 674 m²

Property features

  • Bedrooms 11
  • Bathrooms 10
  • Lounges 1
  • Dining Areas 1
  • Garages 4
  • Flatlets
  • Balcony

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