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Primely Located Block of Flats on Offer!
updated on Nov 30, 2023
R 7 250 000

WEB REF: 705263

 
  • Price R 7 250 000
  • LocationCape Town, Mowbray
  • Property TypeCommercial - Block of Flats
  • Erf Size589.0000 m2
  • Rates & Taxes R 0.00
  • Monthly Levy R 0.00
Description

Description: ENDLESS POSSIBILITIES - RIPE FOR STUDENT ACCOMMODATION - Located in high rental demand area. This type of property class does not come around often. Take this opportunity to acquire this income generating property. Currently leased out per room at ± R4,000 per month. The property consists of: • 6 Apartments: 4 x 3-Bedroom, 2 x 2-Bedrooms - ranging from 58 - 62m² each. • 16 Bedrooms • 6 Bathrooms • Each unit comes with fitted kitchens Gross Income: R64,000 or R768,000 Please call to discuss further or to schedule a viewing. Details: • Sectional Scheme Name: SS Derodor • Sectional Scheme No: 351/1997 | 744/2007 | 181/2013 • Unit No (Extent): 1 (62m²) | 2 (62m²) | 3 (61m²) | 4 (61m²) | 5 (17m²) (Garage) | 6 (17m²) (Garage) | 7 (17m²) (Garage) | 8 (17m²) (Garage) | 9 (44m²) | 10 (42m²)

Additional Features
      Property Address

      4 Kildonan Road Mowbray Cape Town

      Contact Agent(s)

      eMail Agent(s)