This impeccable property is an investor’s dream. The building plans are available for perusal. The correct zoning is in place. The rental income is currently R15 500 per month.
The property has three 3 bed flats, one 2 bed flat and one 1 bed flat, the size of the buildings in total being approximately 500 m2.
1) 3 bed with 3 bathrooms
2) 3 bed with 2 bathrooms
3) 3 bed with 2 bathrooms
4) 2 bed with 2 bathrooms
5) 1 bed with 1 bathroom
All the flats are equipped with kitchens, family rooms, a scullery and pre-paid electricity meters. The water usage at this stage is billed and is approximately R700 per month. There is sufficient parking for the tenants, being 2 double carports for 4 cars and 3 single carports.
The kitchens are equipped with stoves and have space for a fridge and a washing machine. The stove in the largest flat has a gas hob. There is therefore one gas bottle on the premises.
The property is secure. It offers good burglar proofing, a perimeter wall on 3 sides and palisades at the street front. You will find an electric gate at the entrance as well as some security gates at the flats.
This property also boasts with a borehole and a 5 000 litre Jo-Jo tank. The gardener maintains the garden once per week and removes the refuse.
You have to view this lovely property. Make that call today for your private viewing!