R3 995 000
Monthly Bond Payment: R
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Unique Block of Flats
Commercial Property in Arboretum For Sale
Unique Block of Flats
Monthly Bond Payment: R
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On offer is a unique income generating block of flats, made up of the main house that consist of 5 spacious bedrooms, a stunning kitchen, 3 beautiful bathrooms and living 2 living rooms, 5 X 2 spacious bedroom units plus a 1 bedroom flat! With careful planning and conversion, more flats could be created for tenure. The main house could be divided into 4 units. An outbuilding on the premises could also be converted into one or two more units. The flats are situated in a very good and sought after area and should never be vacant The block is generating a good income. The units have beautiful kitchen cabinets and built in wardrobes.
The block of flats further is fitted with Fibre and has pre-paid electricity. It is situated on the main artery into the city center and within walking distance to the city center. The property is Zoned General Residential 1, Subzone E which makes provision for a Block of Flats, Places of Instruction, Institutions, Retirement Resorts and many more.
If it has always been your passion to own a block of flats, then this a wonderful opportunity to start your portfolio.
Bond Payments | R |
Mun. Rates & Taxes | ZAR 4,212 |
Web Ref | RXAD-11613 |
Property Type | Commercial Property |
Building Size | 800m2 |
Erf Size | 1230m2 |
Bedrooms | 7 |
Bathrooms | 9 |
Garage | 6 |
Rinette Swanepoel
Sales Associate
RE/MAX First (Bloemfontein)
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Monthly Bond Payment: R