- 13
- 7
- 2
- 537 m2
Monthly Costs
Monthly Bond Repayment ZAR .
Calculated over years at % with no deposit. Change Assumptions
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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
| Bedrooms | 13 |
| Bathrooms | 7 |
| Garages | 2 |
| Erf Size | 537 m2 |
Contact the Agent
Adelle McAllister
Candidate Property Practitioner