Accepting Offers.
DESCRIPTION:
TWO SECTIONS SPLIT INTO 4 UNITS FULLY TENANTED:
• Units consist of 2 x bachelors, 1 x 1 bed and 1 x 2 bedroom unit
• Fully tenanted with lease agreements in place.
• Only the 2 bed unit is on month to month
• Individual Water meters and electricity meters in place.
• Well maintained block with property manager in place who collects rent and manages the block.
• Opportunity to expand or increase rentals.
• Close to beach!
Rental breakdown :
• Rent: R7,050.00 - 2 Beds unit
• Rent: R5,200.00 - Bachelor
• Rent: R5,950.00 - 1 bed unit
• Rent: R4,950.00 - Bachelor unit
• Total Rental R23,150 per month or R277,800 per annum
Calling all investors .
DETAILS:
• Sectional Scheme Name: SS Coral Mews
• Sectional Scheme No: 179/1991
• Unit Size (Extent): 2 (100m²)
• Unit Size (Extent): 3 ( 105m²)
• Rates: ±R726.00 per month per unit
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.
Property Address
Strand Central, Strand, Western Cape