Description

Accepting Offers. DESCRIPTION: Calling all investors – Buy this already sectionalized 8 x 2 Bedroom Flats – TLC Required • No transfer duty payable (If sections are bought individually) • 8 x Beds • 2 x Bedroom Studios • 5 x Studios • Sections (2-9) Flat size from 43/56/58m² • Sections 11 & 12 are 20m² each CURRENT RENTAL INCOME FROM 15 FLATS IS R46,650 per month or R523,800 per/annum EXPENSES ARE R7297 PM OR R87,564 P/ ANNUM- NET INCOME= R 436,235 P/A OPEN FOR OFFERS FROM R4.2 mil Excl CLAREMART FEE DETAILS: • Sectional scheme name: SS Pine Court • Sectional scheme no: 134/1992 • Unit no (Extent): 2 (56m²), 3 (43m²), 4 (56m²), 5 (58m²), 6 (58m²), 7 (56m²), 8 (43m²), 9 (56m²), 11 (20m²) & 12 (20m²) 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 bidding.