Description

Accepting Offers. DESCRIPTION: Great Investment With 12.7% Gross Yield. Entire block of flats on offer with 10 individual sectional titles: • Positioned close to various modes of transport - and easy access to the CBD, Century City , Milnerton and Maitland. • Each unit has prepaid electricity and water meters The property offers: • 4 x One and a quarter bedroom units (56m² each) • 4 x One bedroom units (36m² each) • 1 x Bachelor room unit (25m²) • Wendy house unit (21m²). • All are sectional titled therefore NO transfer duty applicable • Each unit consists of a bathroom, open plan living area with basic kitchen tops, stove and bedroom/s. • The bathrooms have a toilet, basin, shower and are tiled. • All units have burglar bars and steel gates • The property is surrounded by an electric fence. • Current Gross rental ±R53,387.00 pm. or ±R640,644.00 p/annum DETAILS: • Sectional scheme name: SS Star Court • Sectional scheme no: 185/2022 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.