• 33
  • 18
  • 1 174 m2

Monthly Costs

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Disclaimer: The estimates contained on this webpage are provided for general information purposes and should be used as a guide only. While every effort is made to ensure the accuracy of the calculator, RE/MAX of Southern Africa cannot be held liable for any loss or damage arising directly or indirectly from the use of this calculator, including any incorrect information generated by this calculator, and/or arising pursuant to your reliance on such information.

Mun. Rates & Taxes: ZAR 4800.00

Property description

 Exceptional Investment Opportunity! 17-Unit Block of Flats - Secure Your Future 

  

Introducing a prime investment opportunity that goes beyond expectations - an impressive 17-unit block of flats, featuring staff quarters and loaded with potential. With each unit equipped with pre-paid electricity, this property ensures easy management and convenience for both you and your tenants. The attractively low rates of only R4,800 per month keep expenses in check, enhancing your returns. 

  

Key Features: 

1. Lucrative Income: Prepare to reap the rewards of a substantial monthly income, exceeding R57,650, making this investment undeniably lucrative. 

2. Tenant-Focused Approach: While 6 units are currently vacant, our expert marketing team is diligently working to attract new tenants, ensuring swift occupancy and optimal rental income. 

3. Low Overhead Costs: Benefit from minimal overheads, including rates, cleaner, insurance, and general maintenance, safeguarding your bottom line. 

4. Corporate Ownership: This unique opportunity allows you to acquire the property under a company's name, sparing you from costly transfer fees and simplifying the purchase process. 

5. Value-Add Potential: Embrace the hidden potential within this block of flats. Strategic renovations and enhancements, including modernizing the units, have the potential to elevate rental returns and increase property value significantly. 

  

Expansive Layout: 

Beyond the impressive 17 units, this property features dedicated staff quarters, a valuable addition that enhances its appeal and opens a range of possibilities. The staff quarters provide accommodation for on-site personnel, ensuring efficient property management and enhancing tenant satisfaction. 

  

  

Take the first step toward securing your financial success. Embrace this unique investment opportunity and envision a thriving block of flats, complete with staff quarters, generating impressive returns. Schedule a viewing today to unlock the hidden potential of this exceptional property.  

Property Details

  • 33 Bedrooms
  • 18 Bathrooms

Property Features