Low maintenance property !
Ideal for nearby tevt college students - or tambo hospital employees - prime location !
Fully tenanted !
High demand property !
Modern fittings - upgraded units !
All 4 units with new kitchens, new quality bedroom built in cupboards and modern floor tiles in all 4 flats !
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This IDEAL INVESTMENT PROPERTY OFFERS:
4 x 1 Bedroom Flatlets HUGE (EASILY Modify into 2 Bedrooms) *****USED AS 2 BEDROOM FLATS*****
Each Flat boasts Spacious Double Volume Tiled Lounge areas
Newly Fitted Modern Kitchens
Spacious Bedrooms with Modern Floor Tiling
Bathroom with Bath Toilet and Basin
All Units with Pre paid elec and Water meters
The extra spacious Lounges can easily be converted into another bedroom area, whilst still leaving a good sized
Lounge area, Increasing income potential.
Current Income R16800 p/m Gross (R4200 / UNIT)
Water and Electricity Metered
RATES R800
Utilities R260 (REFUSE) R541 (SEEWER)
NET INCOME R16 000 pm (15% R.O.I)
price reduced - was r1.350K
Zoned RESIDENTIAL 4: Residential 4, with primary rights for Dwelling House, Dwelling Units, Residential Building (Excluding Boarding Rooms), Retirement Village
This is ideal for STUDENT ACCOMMODATION / Income generating property - Low maintenance Units and all units in MINT CONDITION.
Call me today !!
Electricity Included
Scenic View
TV
Water Included
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