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Description:
This property has been sectional titled. The owner is selling it as an investment to the right person. It is two blocks containing in total 30 flats. 20 Garages and two laundries. 28 x 2 Bedroom and 2 3 Bedroom units. The 2 Bedroom units each consits of 2 Bedrooms, 1 Bathroom, Lounge and Kitchen. Outside enclosed Braai area.
The 3 Bedrooms consits of 3 Bedrooms, 1.5 Bathrooms, Lounge and Kitchen with enclosed outside braai area.
Rental income is R99600 pm with an annual increase of 10%.
Cost is R12405 pa for rates
R450pm garden service
R200pm common area electricity.
Low maintenance face brick units.
Close to Office park and shops.
Fully let
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