R6 000 000
Monthly Bond Payment: R
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125 SMISO NKWANYANA Road
13 Bedroom Apartment / Flat For Sale in Morningside
125 SMISO NKWANYANA, Road
Monthly Bond Payment: R
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Calling All Investors / Student Accommodation Buyers.
This set of six apartments + 1 smaller bachelor apartment, with each unit spanning approximately 80 square meters, is ideally positioned on Upper Smiso Nkwanyanwa Road, presenting a remarkable investment opportunity. Each apartment comprises two bedrooms, a lounge, a kitchen with a bathroom, and a separate toilet. The entirety of the building features aluminum window panels. All units have been renovated and now showcase granite countertops in the kitchens, alongside comprehensive air-conditioning. Some of the units additionally offer picturesque sea views
Furthermore, the property offers two garages and parking space for up to six cars. The building itself is impeccably maintained, boasting a pristine condition. The associated fees and rates are notably low. Each apartment yields a rental income ranging from R7750 to R8250 per month. Additionally, the apartments are equipped with separate prepaid electricity meters, and water payments are handled individually.
There is a smaller bachelor apartment at the bottom that is also available to rent out
Bond Payments | R |
Mun. Rates & Taxes | ZAR 2,800 |
Web Ref | RXFO-8080 |
Property Type | Apartment / Flat |
Erf Size | 537m2 |
Bedrooms | 13 |
Bathrooms | 7 |
Garage | 2 |
Barrett Pearson
Team Leader
RE/MAX Address (Berea)
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Ryan Jacobs
Team Member
RE/MAX Address (Berea)
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Adelle McAllister
Full Status Property Practitioner
RE/MAX Address (Berea)
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Monthly Bond Payment: R