This property offers a lucrative investment opportunity in Krugersdrop Central. The apartment building features 10 fully tenanted bedrooms, with 5 shared showers and 1 bathroom. Additionally, there is a shared kitchen equipped with a 4-plate stove and fitted cupboards, generating a monthly income of R25,000.
Each cottage has 2 beds, a study table, Wi-Fi, and fitted cupboards, projecting an expected monthly income of an extra R5,000. The combined income from the cottages amounts to R30,000 per month. The property is available for sale at R1,299,000, the seller's asking price. Offers from R1,250,000 are welcome.
Conveniently located in Krugersdrop CBD, the property is close to West College and within walking distance to Krugersdrop Town. It is a 5-minute walk to the Taxi Rank and is surrounded by schools. This property has ample space on the premises to accommodate parking for between 10-12 cars.
Don't miss out on this exceptional investment opportunity in a prime location in Krugersdrop.
You snooze, you lose in securing this property before it's too late.
