Description

Accepting offers Description: Calling all investors: Buy this already sectionalised block of flats. No transfer duty payable, if sections are bought individually. • All 16 flats are tenanted • 6 x 2-bedrooms • 6 x 1-bedroom • 4 x studios Current rental income from 16 flats is R92,360 per month or R1,108,320 per annum with over 10% net return. Details: • Sectional scheme name: SS Izra Mansions • Sectional scheme no: 344/2018 • Unit no. (Extent): 1 (44m²) • Unit no. (Extent): 2 (25m²) • Unit no. (Extent): 3 (25m²) • Unit no. (Extent): 4 (45m²) • Unit no. (Extent): 5 (44m²) • Unit no. (Extent): 6 (25m²) • Unit no. (Extent): 7 (25m²) • Unit no. (Extent): 8 (44m²) • Unit no. (Extent): 9 (36m²) • Unit no. (Extent): 10 (36m²) • Unit no. (Extent): 11 (44m²) • Unit no. (Extent): 12 (25m²) • Unit no. (Extent): 13 (25m²) • Unit no. (Extent): 14 (44m²) • Unit no. (Extent): 15 (36m²) • Unit no. (Extent): 16 (36m²)