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)
Property Address
4 Kildonan Road Mowbray Cape Town