The property listed below is no longer available to rent. Click HERE to view other properties in the area.
This opportunity has just opened up; own your own blocks of flats and reap investment rewards.There are 8 units in total; each unit consists of 2 bedrooms, full bathroom and open plan lounge dining room and kitchen and they each have their own garage PLUS every unit has a view of the sea.The units are tiled throughout and each has a private balcony.There are 3 cell phone towers so reception is good as well as the towers pay a large amount to the owner.Total income of the entire premises is approximately R70, 000.00 per month but can increase as the home could be rented for approximately another R7000.00 per month.There is also a bachelor pad that the owner keeps for herself.There are 3 storerooms and the property is fully fenced and beams are in place.
Rental R 8 714 000
Land Size2199 m2
Type of PropertyBusiness
Last Updated29 Aug 2019
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