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Entire Tenanted 18-Apartment Block with High Returns
updated on Mar 27, 2024
R 11 800 000

WEB REF: 705339

 
  • Price R 12 700 000
  • LocationCape Town, Maitland
  • Property TypeCommercial - Block of Flats
  • Erf Size691.0000 m2
  • Rates & Taxes R 0.00
  • Monthly Levy R 0.00
Description

Accepting offers Description: ENTIRE BLOCK - FULLY TENANTED OFFERING: • 18 x 2-bedrooms on 3 levels • 18 ground floor covered parking bays Each apartment includes: • 2 bedrooms • Lounge • Fitted kitchen • Family bathroom • Own prepaid electricity & water meters INCOME R130,470 p.m. / R1,565,630 p/annum over 11.5% net return Details: • Erf no: 23561 • Erf size: 691m²

Additional Features
      Property Address

      149 Coronation Road Maitland Cape Town

      Contact Agent(s)
      Sanjeev Boyjoonauth
      Sanjeev Boyjoonauth
      Cell: 066 054 2211
      Email: sanjeev@claremart.com
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