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P.O.A.

Commercial for sale in De Tuin

1,609m²
3,511m²
Complete Block Of 30 Apartments For Sale.

Super investment opportunity with immediate rental income streams.

Introducing a very well kept block of 30 apartments, all of which are fully tenanted.

Details about the property:

-This sectional title scheme is located in De Tuin, Brackenfell.

-Offers easy access to the N1 highway, the various Cape Gate Shopping Centres, as well as the Cape Gate Medi-clinic.

-Total of 30 units, each 53 or 54 square meters in size (12 units are 53m2, 18 units are 54m2).

-Most of the units have been renovated (see attached photos for examples of the finishes).

-All units are currently rented out.

-Rental income ranges from R6500 to R7370 per month.

-All section are currently owned by 1 owner who wishes to sell the whole block.

Erf size 3511m2

Total size of all units 1609m2

This offering presents an attractive investment proposition with immediate rental income streams.

Please contact us for more information!

Property Type
Commercial
Stand Size
3,511m²
Building Size
1,609m²
Reference
7002001-51369
Property history
Listed for sale at R37,500,000
11 Mar 2024
Updated to price on application
08 Nov 2024
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