R1,495,000
R1,495,000
Monthly Bond Repayment R15,686.38
Calculated over 20 years at 11.25% with no deposit.
Change Assumptions
R1,200
Calling Investors. Four Apartments in a Primely Located Building.
An Ideal Investment Opportunity to own in an Exclusive Complex within the Rosettenville Area. All Four apartments are currently tenanted with Rent Rolls available on Request The exterior of the building has been well maintained through the years providing reassurance as to the longevity of an investment of this nature.
Details of the Each Apartments:
- Under Roof: +- 110sqm
- 1 x 3 Bed, 1 Bath Apartment
- 3 x 2 Bed, 1 Bath Apartments
- Sizeable Living Spaces Throughout
- Kitchen including the Stove
- Entrances from the Front of the Property.
- One Designated Garage per Apartment with additional parking space. Garage is charged at R200 a month.
- Excellent condition throughout.
- Utilities are metered and charged according to each tenants usage.
- Current Generating a Gross Income of +-R 20,000 a month (Varies according to Usage & Recoveries)
All relevant figures are on hand and can be provided at request of a potential purchaser. Please note the property is zoned Res 4 and therefore will classify as a commercial loan which will require a 40% deposit based on the individual or businesses profile. We are happy to assist regarding any additional information on that front as well. For an ideal investment to add to your property portfolio, please do not hesitate to contact us.
Features
Interior
Exterior
Sizes
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Disclaimer: While every effort will be made to ensure that the information contained within the Dormehl Phalane Property Group website is accurate and up to date, Dormehl Phalane Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
