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R7,500,000

20 bedroom apartment for sale in Ferndale

20 Beds
20 Baths
Pool
Apartment For Sale In Ferndale

Selling a portfolio of properties, especially as a going concern through a Pty Ltd company. This property is in Randburg, Albertville.

Market Research:

First we performed a detailed market analysis to determine the current market value of each unit type in the sellers portfolio. This includes comparable sales, rental yields, and future growth prospects.

Current gross rental income per year is R870 000.00.

18 Bachelor units 2X1 Beds.

All units are in a (pty) Ltd

20 units all together.

11 units are financed

9 units are NOT financed.

Individual Unit Valuation: Valuate the 18 bachelors and 2 one-bedroom units.

The financed units may have slightly different values due to the financing terms, which are already factored in.

COMPANY CAN BE SOLD AS A GOING CONCERN.

ACCEPTING REASONABLE OFFERS.

Call Neetha for a private viewing

Property Type
Apartment
Bedrooms
20
Bathrooms
20
Study
1
Pool
Yes
Reference
ENT0284604
Property history
Listed for sale at R7,500,000
26 Aug 2024
Get to know Randburg
Residential property for sale in the Randburg area can be classified into houses, townhouses, clusters, flats, apartments, small holdings and vacant land. The large variety of property available in the area means that Randburg and its suburbs have seen a steady growth in property sales.
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