R2,350,000
R2,350,000
Monthly Bond Repayment R25,467.12
Calculated over 20 years at 11.75% with no deposit.
Change Assumptions
R1,707
Calling All Investors. Six Apartments in an Apartment Building For One Price.
An Ideal Investment Opportunity to own in an Exclusive Complex within the Rosettenville Area. All six apartments are currently tenanted and managed by Dormehl Phalane Property Group which mitigates any significant risk as an investment. The exterior of the building has been well maintained through the years providing reassurance as to the longevity of an investment of this nature. The owner took immense pride in the entirety of the property forming great relationships with the tenants currently in place.
Details of the Each Apartments:
- Under Roof: +- 90sqm
- 2 Bedrooms
- 1 Bathroom
- Sizeable Living Spaces Throughout
- Kitchen including the Stove
- Entrances from the Front and the Back of the Property.
- One Designated Parking Bay per Apartment.
- Excellent condition throughout.
- Utilities are metered and charged according to each tenants usage.
- Current Return of Investment of R28,000 a month.
Dormehl, as a company, currently manages the property and can provide all details on income and expenditure. For an ideal investment to add to your property portfolio, please do not hesitate to contact us.
Features
Interior
Exterior
Sizes
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Disclaimer: While every effort will be made to ensure that the information contained within the Dormehl Phalane Property Group website is accurate and up to date, Dormehl Phalane Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
