Property features

R1 295 000

Property Details

LOW MAINTENANCE PROPERTY ! IDEAL FOR NEARBY TEVT COLLEGE STUDENTS - PRIME LOCATION ! FULLY TENANTED ! HIGH DEMAND PROPERTY ! MODERN FITTINGS - UPGRADED UNITS ! ALL 4 UNITS WITH NEW KITCHENS, NEW QUALITY BEDROOM BUILT IN CUPBOARDS AND MODERN FLOOR TILES IN ALL 4 FLATS ! / This IDEAL INVESTMENT PROPERTY OFFERS: 4 x 1 Bedroom Flatlets (EASILY Modify into 2 Bedrooms) Each Flat boasts Spacious Double Volume Tiled Lounge areas Newly Fitted Modern Kitchen Spacious Bedroom with Modern Floor Tiling Bathroom with Bath Toilet and Basin All Units with Pre paid elec meters The extra spacious Lounges can easily be converted into another bedroom area, whilst still leaving a good sized Lounge area, Increasing income potential. Current Income R18 000 p/m Gross RATES R800 Utilities R3074 NET INCOME R14 126 pm (13% R.O.I) PRICE REDUCED - WAS R1.350K This is truly an Investors ideal investment - Low maintenance Units and all units in MINT CONDITION. Call me today !!