11 Bed House in Oranjezicht

1 schoonder street

11 2 704 m²

MULTI-LET RESIDENTIAL PROPERTY FOR SALE

3 erven for sale together at R12 000 000, with an option to discuss the purchase of each property separately.

Multiple units per block, with an opportunity to re-configure the blocks.

Erf 1: 358m2 consisting of 5 rooms, 1 bathroom

Erf 2: 263m2 consisting of 6 rooms, 1 bathroom

Erf 3: 83m2

Total land size therefore: 704m2

Zoned: GR4

Total gross rental income currently achieved is R74000 for all units together.

Utilities and rates approximately R10355 per month.

Great investment opportunity in an ideal location for redevelopment in Oranjezicht- located directly opposite the Gardens Centre on Schoonder street.

Property details