Description

Accepting Offers. DESCRIPTION: Agents this is an exclusive sole mandate - Please respect our sellers choice of agency. This prime apartment block is situated in sought after Crawford The properties is great condition and offer you the perfect investment. The property is located approximately 1.2 kilometres from the M5 highway that leads to the N2 and N1. and is approximately 12.7 kilometres from the centre of Cape Town, 15.6 kilometres from the V&A Waterfront and 13.1 kilometres from Cape Town International Airport. It is within walking distance of the Crawford train station & access to taxis. • Total potential income - ±R242 396.00 pm • 25 Apartments • 12 Being semi completed (approved plans) • Vacancy - 2 Apartments • Approved plans for 12 more studio apartments • 30 Parking bays - Rented out • Studios x 3 • One bedroom x 10 • Two bedrooms x 10 • Three bedrooms x 2 • All units have pre-paid electricity - tenants pay • All units get billed for water (system in place) • Laundry room • Fibre • Play area • Communal braai area • Office • Storeroom • No remotes - all finger print recognition to get into the property & building DETAILS: • Erf no: 38552, Cape Town • Erf size: 2 537m² • Zoning: General Residential 2 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.