This apartment complex is located in Stilfontein Ext 3 and is in close proximity to the Shops, the Clinic, and other local amenities. This is definitely a well-oiled money making machine that can generate massive returns!
The complex offers:
>> 8 x 2 Bedroom apartments: Spacious living room with either balcony or veranda area. Kitchen with built in cupboards, stove and scullery. 2 Bedrooms with built in cupboards. 1 Bathroom. Rental income of ±R3500 per unit / per month
>> 12 x 1 Bedroom apartments: Spacious living room with either balcony or veranda area. Kitchen with built in cupboards, stove and scullery. 1 Bedrooms with built in cupboards. 1 Bathroom. Rental income of ±R3000 per unit / per month.
The income earning potential is around ±R64 000 at least; and speaks volumes of
what the complex can offer to its new owner. There is ample secure tenant parking with visitors parking. Safe and secure complex with perimeter wall and palisade fencing. The communal garden is well kept and looked after. Store rooms and staff toilets. Contact the agents for more information!
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