R12,000,000
R12,000,000
Monthly Bond Repayment R130,044.85
Calculated over 20 years at 11.75% with no deposit.
Change Assumptions
Monthly Rates
R5,327.6
R5,327.6
Lifetime Opportunity: sectional title paying itself!
Explore an exceptional investment opportunity with this impressive block of flats now on the market. Comprising 33 apartments in total, this property boasts a diverse range of layouts tailored to various preferences. Among them are 15 expansive 2-bedroom apartments, 15 standard-sized 1-bedroom units, and 3 cozy yet charming smaller-sized 1-bedroom apartments.
Every apartment is meticulously crafted with an open-plan design, seamlessly integrating the kitchen, lounge, and dining areas to create modern and adaptable living spaces. Each unit also features a well-appointed bathroom and a balcony, offering residents both comfort and convenience.
Managing utilities is effortless thanks to the inclusion of pre-paid water and electricity meters in each apartment. Parking options abound, with 21 garages located at ground level and an additional 13 shade net-covered parking spaces provided.
Whether you're seeking to diversify your investment portfolio or provide premium housing options, this block of flats presents a compelling opportunity. With an impressive 97% rental income, don't let this chance slip by to secure a lucrative investment in a thriving property market.
Features
Interior
Bedrooms
33
Bathrooms
33
Kitchens
33
Reception Rooms
33
Exterior
Garages
21
Carports / Parkings
13
Sizes
Land Size
3,150m²
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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.
