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 ref # 1627

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R 11 000 000 (643 274 EUR*)

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24
12
13
± 2483 m2
± 1204m2
R 4750  / m

Property Features
Access Gate
Balcony
Borehole
Built In Cupboards
Family/TV Room
Fence
Garden
Irrigation System
Kitchen
Storage

UNIQUE INVESTMENT OPPORTUNITY!! (BLOCK OF FLATS)S)

This is you change to be the proud owner of this extremely neat block of flats in Kuils River. The current owner bought the property in 1983 and is now retiring. The building and grounds are well maintained and the beautiful garden in front is watered from a bore hole.
The 12 spacious flats each come with own garage. The stand is totally enclosed with ample space around the building and sufficient street parking allocated for the block of flats.
There are tenants in all the flats. Current rental income of R5 300 per flat.
Unique properties like this, do not come on the market very often. Don’t miss out on this one!

  • The 2-story block consist of:
  • 12 Flats each with: 2 Bedrooms with build in cupboards, spacious living area with big window
  • and door to balcony, linen cupboard in passage, kitchen and bathroom.
  • 10 Flats: 79 m² each
  • 2 Flats: 84 m² each
  • 12 Garages of 17 m² each
  • 1 Garage bigger than standard for caravan.
  • 2 Storerooms of 9 m² each
  • 1 Storeroom of 13 m²

  • Stand size: 2261 m²
  • Buildings: +/- 1204 m²
  • Rates and taxes: +/- R4750 per month
  • Each flat has pre paid electricity

  • Although great care has been taken in collecting this info, neither the agent nor the seller can accept liability for any error or omission.
  • All appointments, to view the property, will be made by the agent at a time and date that suit the tenants.


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