Property description

Introducing an exceptional investment opportunity—a block of 21 flats that promises a steady stream of income and remarkable potential for growth that makes it an irresistible choice for both seasoned investors and those looking to enter the real estate market.

1. All units have pre-paid electricity.
2. Rates are low R7,200 per month.
3. Lucrative income of over R92,000.
4. Currently only 2 units are vacant, but we are marketing to get tenants.
5. Expenses are low. Rates, cleaner, insurance and general maintenance.
6. A unique opportunity to acquire a property held in the name of a company, eliminating the need for costly transfer fees.
7. Value-Add Potential: While already an attractive investment opportunity, this block of flats also offers the potential for value appreciation. By implementing strategic renovations or enhancements, such as modernizing the units the savvy investor can further enhance rental returns and property value.

Don't miss this incredible opportunity to acquire a block of 21 flats that delivers a substantial income stream, remarkable growth prospects. Whether you're an experienced investor or just entering the real estate market, this property offers a secure and profitable investment that should not be overlooked. Act now and secure your place in the thriving rental market by acquiring this exceptional block of flats. Contact us today for further details and to arrange a viewing.