This block of 15 apartments is situated in a highly sought-after area and presents an excellent investment opportunity. With a little tender loving care, the building has the potential to generate a rental income of R65,000 when fully occupied.
The property consists of:
• 2 spacious three-bedroom apartments
• 6 two-bedroom apartments
• 7 one-bedroom apartments
Additionally, there are 9 garages and 4 covered parking bays.
Due to the shortage of rental properties in the area, this is a prime investment opportunity with strong rental demand.