Send to a friend


Commercial Property in Primrose For Sale

R3 800 000

Bedroom icon 33 18 1174m2
Print icon Download PDF

Commercial Property in Primrose For Sale

91 Rietfontein Road

Bedroom icon 33 18 1174m2

Commercial Property in Primrose For Sale

91 Rietfontein, Road

R3 800 000

Monthly Bond Payment: R

change currency

Bond calculator

  • ZAR
  • BWP
  • EUR
  • GBP
  • NAD
  • NZD
  • AUD
  • USD
  • ZWL
  • ZMW
  • MUR
18 Bedroom icon 33 1174m2

Features

Description

 Exceptional Investment Opportunity! 17-Unit Block of Flats - Secure Your Future 

  

Introducing a prime investment opportunity that goes beyond expectations - an impressive 17-unit block of flats, featuring staff quarters and loaded with potential. With each unit equipped with pre-paid electricity, this property ensures easy management and convenience for both you and your tenants. The attractively low rates of only R4,800 per month keep expenses in check, enhancing your returns. 

  

Key Features: 

1. Lucrative Income: Prepare to reap the rewards of a substantial monthly income, exceeding R57,650, making this investment undeniably lucrative. 

2. Tenant-Focused Approach: While 6 units are currently vacant, our expert marketing team is diligently working to attract new tenants, ensuring swift occupancy and optimal rental income. 

3. Low Overhead Costs: Benefit from minimal overheads, including rates, cleaner, insurance, and general maintenance, safeguarding your bottom line. 

4. Corporate Ownership: This unique opportunity allows you to acquire the property under a company's name, sparing you from costly transfer fees and simplifying the purchase process. 

5. Value-Add Potential: Embrace the hidden potential within this block of flats. Strategic renovations and enhancements, including modernizing the units, have the potential to elevate rental returns and increase property value significantly. 

  

Expansive Layout: 

Beyond the impressive 17 units, this property features dedicated staff quarters, a valuable addition that enhances its appeal and opens a range of possibilities. The staff quarters provide accommodation for on-site personnel, ensuring efficient property management and enhancing tenant satisfaction. 

  

  

Take the first step toward securing your financial success. Embrace this unique investment opportunity and envision a thriving block of flats, complete with staff quarters, generating impressive returns. Schedule a viewing today to unlock the hidden potential of this exceptional property.  

Monthly Costs

Calculated over 20 years at % with no deposit.

Bond Payments R
Mun. Rates & Taxes ZAR 4,800

Property Details

Web Ref RMAP-0279
Property Type Commercial Property
Erf Size 1174m2
Bedrooms 33
Bathrooms 18

Map

Contact Agent

Agent profile picture

Loraine Burger

Sales Associate

RE/MAX All Stars (Primrose)

Show email

Show number

Show number

Book a viewing
MessageCall backWhatsapp
Agent profile picture

Samantha Coetzee

Sales Associate

RE/MAX All Stars (Primrose)

Show email

Show number

Show number

Book a viewing
MessageCall backWhatsapp

Book a viewing

Enquiry about property Ref:RMAP-0279

R3 800 000

Monthly Bond Payment: R

currency bond calculator
  • ZAR
  • BWP
  • EUR
  • GBP
  • NAD
  • NZD
  • AUD
  • USD
  • ZWL
  • ZMW
  • MUR

Contact Agent

Agent profile picture

Loraine Burger

Sales Associate

RE/MAX All Stars (Primrose)

Agent profile picture

Samantha Coetzee

Sales Associate

RE/MAX All Stars (Primrose)

MessageCall me back Whatsapp
Book a viewing

Contact Loraine Burger

Agent profile picture

Loraine Burger

Sales Associate


RE/MAX All Stars (Primrose)

Show number

Show number

Enquiry about property Ref:RMAP-0279