Exceptional Investment Opportunity: Block of 8 Flats in Prime Location
5 wingate street
12
8
Commercial Property in Dawnview For Sale
5 wingate, street
Exceptional Investment Opportunity: Block of 8 Flats in Prime Location
Monthly Bond Payment: R
change currency
Bond calculator
12
Presenting a fantastic opportunity to own a well-positioned block of 8 flats, offering an excellent return on investment in a sought-after neighborhood. This property includes 4 spacious 2-bedroom flats and 4 convenient bachelor flats, all currently fully let and generating a steady monthly income of approximately R33,000.
Total Flats: 8
Current Income: Approximately R33,000 per month, reflecting a solid and reliable revenue stream.
Parking: Undercover parking for 8 cars, ensuring convenience and protection from the elements for all tenants.
Occupancy: Fully let, showcasing the high demand and attractiveness of the flats.
Potential for Upgrades: While the flats are in good condition, they could benefit from some modernization, offering potential for value addition and increased rental income.
Location: Situated in a lovely area, the property enjoys proximity to essential amenities, schools, and easy access to highways, making it highly appealing to a wide range of tenants.
This block of 8 flats is an outstanding investment opportunity for discerning buyers looking to expand their portfolio with a high-income property in a prime location. The combination of fully let flats, steady income, and the potential for value addition through upgrades makes this an attractive proposition.
Don't miss out on this exceptional opportunity. For more details or to arrange a viewing, please contact us today. Secure your investment in a thriving rental market and benefit from immediate income generation and long-term growth.
Act now to secure this excellent investment opportunity!
| Bond Payments | R |
| Mun. Rates & Taxes | ZAR 3,120 |
| Web Ref | RMAP-0850 |
| Property Type | Commercial Property |
| Bedrooms | 12 |
| Bathrooms | 8 |
Loraine Burger
Sales Associate
RE/MAX All Stars (Primrose)
Show email
Show number
Show number
Monthly Bond Payment: R
