14 Bed Apartment in Albertinia

R 3 000 000

Ulanda Matthee

Chas Everitt-Southern Cape

14 Bed Apartment in Albertinia

R 3 000 000

14 Beds
9 Baths
Land Area 1160 m² Rates R 258

Commercial/Residential Property for sale in Albertinia

This property is situated on a corner stand in the Main Road of Albertinia.

With some TLC and maintenance work, this would be the ideal investment opportunity with current lease agreements in place, a project waiting to be completed by the new owner with an income potential of between R25 000 to R35 000 per month. There is enough space on this stand for more buildings to be established to grow your monthly income.

This building consists of a cellar, loft of 30m x 10m, store room, 3 shops and 9 residential apartments. 5 apartments boast 2 bedrooms, open plan kitchen/living room and bathroom while the other 4 apartments offer 1 bedroom, open plan kitchen/living room and bathroom. 2 of the apartments are fitted with prepaid electricity meters and the rest of the apartments and shops have shared electricity by means of a municipal electricity bill. The apartments are fully enclosed with parking area behind a sliding gate.

If you also see the potential and want to invest in this property, feel free to contact me.

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Key Property Features

14
Bedrooms
9
Bathrooms
3
Covered Parkings
9
Lounges
3
Storeys
Balcony
BIC
Garden
Kitchen
Storage

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14 Bed Apartment in Albertinia

R 3 000 000

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