Calling all investors to this once in a life time property deal!!
Make a reasonable offer!!!
This property is more than just accommodation it also offers two shops.
From the Residential side you are looking at: A lounge/dining area with a kitchen. Bathroom; tiled flooring and two bedrooms and a balcony. This is standard for all 11 flats.
From the Commercial side you are looking at: 2 shops. The 1st shop generates an income of R 12 400 and the 2nd shop generates R 16 400.
All water and electricity are paid by prepaid which is an average of R 3 500.
There are some extra expenses: these are the cleaner, saundries and prepaid.
Below is a break-down of all the fees.
All below include Refuse, levy, and prepaid fees
2 Shop 11 Flats 2 Garages Prepaid Electricity
Contact our agents for a viewing, income and expenses!!!