Great Block of fully tenanted flats, rooms and one shop, for sale

This magnificent building offers an excellent investment opportunity for savvy investors looking to build their rental income portfolio. The property is located in the heart of Riviersonderend, close to shops and other amenities and has great potential for anyone in the business venture.

This block of 8 flats & 9 rooms with a shop and a function hall on the ground floor, makes R49 100,00/month when fully rented and offers a good investment opportunity.
This property consists of:
On the ground floor:
4 X one bedroom flats with living room, kitchen, 1 bedroom with a bathroom with shower, basin and toilet.
1 X one-bedroom flat with kitchen, bedroom and bathroom.
2 X open plan bachelor units with living room, kitchen, bedroom and bathroom.
Shop with a spacious function hall.

On the second floor: 9 bedrooms that share 2 bathrooms and a kitchen.
There is also an open-plan bachelor flat with a bedroom, living area and bathroom.

The flat on the second floor as well as two of the flats below, have gas stoves.
Flats 1 – 5 below have gas geysers.
The owner has another business obligation which is the reason for the sale.
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