- 11
- 7
- 7
- 1 974 m2
Monthly Costs
Monthly Bond Repayment ZAR .
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Mun. Rates & Taxes: ZAR 2600.00
Property description
Great Investment!!! This property has so much potential: Rentals, or even offices for one or more businesses . Good permanent tenants are currently renting in all 5 of the properties. The property generates just under 30 thousand rand a month. (R29 525.00). The zoning is MIXED IMPACT USE, which opens the doors to various opportunities of usage.
The ground floor of the building has been divided in 2, but could easily be changed back to one large house/apartment with 4 other apartments. All the apartments are fully equipped with a kitchen, bedrooms and bathrooms with dining room and lounge areas. All 5 apartment's entrances are totally separate and they function independently and privately from each other. The yard stretches from one road to another, so there are 2 entrances, which is a huge plus point for such a large property with 5 dwellings. There are 7 Garages and lots of parking available. The location is SUPERB near the hustle and bustle of Manaba Spar, yet in a quieter street. The pool is functional, but currently not being used. No cracks visible. This investment is a true money spinner, but it needs TLC and general maintenance. Give me a call.....
Property Details
- 11 Bedrooms
- 7 Bathrooms
- 7 Garages
- 4 Ensuite
- 5 Lounges
- 5 Dining Area
- 1 Flatlet
Property Features
- Balcony
- Patio
- Pool
- Storage
- Wheelchair Friendly
- Pets Allowed
- Fence
- Access Gate
- Kitchen
- Lapa
- Built In Braai
- Paving
- Garden
- Family TV Room
| Bedrooms | 11 |
| Bathrooms | 7 |
| Garages | 7 |
| Erf Size | 1 974 m2 |
Contact the Agent
Linda Coughlan
Full Status Property Practitioner