House for Sale in Maitland

Description

Accepting Offers. DESCRIPTION: Great Investment With 12.21% Gross Yield. • Cluster of 7 residential tenanted units generating fantastic income. • An opportunity to develop a block of flats with 1405m² bulk available. • Positioned perfectly to different modes of transport and easy access to the CBD, Century City N1 & M5 . • Each unit has prepaid electricity and water meters The property offers: The property offers: • Unit 102 - Lounge, kitchen, bathroom & 2 bedrooms (113m²) • Unit 104 - Lounge, kitchen, bathroom & 3 bedrooms (112m²) • Unit 106 - Lounge, kitchen, bathroom & 3.5 bedrooms (135m²) • Unit 102a - Lounge, kitchen, bathroom & 1 bedroom (41m²) • Unit 102b - Tv room, kitchenette, bathroom & loft bedroom (20m²) • Unit 104a - Lounge, kitchen, bathroom & 1 bedroom (41m²) • Unit 106a – Lounge, kitchen, bathroom & 2 bedrooms (74m²) • The bathrooms have a toilet, basin, shower and are tiled. • All units are secured • Current Gross rental R56,000 pm. or R672,000 p/annum DETAILS: • Erf no: 23497, Cape Town • Erf size: 937m² • Zoning: General Residential 4 DISCLAIMER: The information supplied in this advert does not constitute a warranty of any kind or nature by the Sellers of the property or by the Brokers. Buyers must conduct their own investigations prior to purchasing.