• 13
  • 7
  • 2
  • 537 m2

Monthly Costs

Monthly Bond Repayment ZAR .

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Mun. Rates & Taxes: ZAR 2800.00

Property description

Calling All Investors / Student Accommodation Buyers.

This set of six apartments + 1 smaller bachelor apartment, with each unit spanning approximately 80 square meters, is ideally positioned on Upper Smiso Nkwanyanwa Road, presenting a remarkable investment opportunity. Each apartment comprises two bedrooms, a lounge, a kitchen with a bathroom, and a separate toilet. The entirety of the building features aluminum window panels. All units have been renovated and now showcase granite countertops in the kitchens, alongside comprehensive air-conditioning. Some of the units additionally offer picturesque sea views 

Furthermore, the property offers two garages and parking space for up to six cars. The building itself is impeccably maintained, boasting a pristine condition. The associated fees and rates are notably low. Each apartment yields a rental income ranging from R7750 to R8250 per month. Additionally, the apartments are equipped with separate prepaid electricity meters, and water payments are handled individually.

 

There is a smaller bachelor apartment at the bottom that is also available to rent out  

Property Details

  • 13 Bedrooms
  • 7 Bathrooms
  • 2 Garages
  • 6 Lounges

Property Features

  • Aircon
  • Pets Allowed
  • Access Gate
  • Kitchen
  • Paving
  • Family TV Room