• 20
  • 14
  • 2 881 m2

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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 4772.00

Property description

IMMACULATE RESIDENTIAL FLATS | ALBERTON | 90 PERCENT OCCUPANCY | CENTRAL LOCATION | EXCEPTIONALLY MAINTAINED

Estrana Immaculate Residential Flats represent the epitome of comfortable living in Alberton's vibrant community of Florentia. This property offers a total of 15 immaculately maintained flats alongside ample parking spaces, beautiful gardens, and stringent access control measures.

Key Features:

Central Location: Nestled in the heart of Alberton, Florentia, these flats enjoy proximity to essential amenities such as schools, shopping centers, recreational facilities, and public transportation hubs.

High Occupancy: With a remarkable 90 percent occupancy rate, Estrana Flats stand as a testament to their desirability in the local rental market, ensuring a steady and reliable income stream for investors.

Exceptionally Well Maintenance: The property is meticulously cared for, with regular upkeep of common areas, landscaping, and building infrastructure, guaranteeing a pleasant and welcoming environment for residents.

Access Control: Security is paramount at Estrana Flats, with robust access control measures in place to safeguard the well-being and privacy of residents, providing peace of mind to both tenants and property owners.

Well Maintained Gardens: Residents have the privilege of enjoying lush and well-maintained gardens, providing a tranquil retreat from the hustle and bustle of urban life, and enhancing the overall aesthetic appeal of the property.

Property Summitry

Number of Flats : 14 (Split between 10 x 1 bedrooms, 2 x 2 bedrooms and 2 x 3 bedroom units)
Parking Garages : Yes
Fire Safety : Yes
Rates and Taxes : R 4 770.00
Occupancy : 90%
Lease Agreements : Yes
Maintenance Records : Yes
Managing Agent : Yes

The property boasts a diverse tenant base, each contributing to the thriving community within Estrana Flats.

Conclusion:

Estrana Immaculate Residential Flats offer investors a rare opportunity to acquire a well-established and meticulously maintained property in Alberton's sought-after neighborhood of Florentia. With its central location, high occupancy rate, and commitment to exceptional maintenance standards, Estrana Flats present a lucrative investment proposition with promising returns and long-term growth potential.

Do not miss out on this property, contact us today.

Property Details

  • 20 Bedrooms
  • 14 Bathrooms

Property Features

  • Exceptionall Well Maintained and Managed Property
  • Central Location
  • Garage Parking for All Flats/Units
  • Caretaker Controled and Managed
  • Access Control
  • 90% Occupied
  • Property Managing Agent in Place
  • Consistent Tenants and Payments of Rent
  • Community Feel Amongst Tenants

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