R1 399 000
Monthly Bond Payment: R
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Excellent Investment Opportunity
Commercial Property in Cruywagen Park For Sale
Excellent Investment Opportunity
Monthly Bond Payment: R
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Zoning on this property is Residential 3. This property is pet friendly.
This rental property features 3 x 3 bedroom duplex units each with 1 bathroom, a guest toilet with a floor area of 100sq m.
A spacious tiled open plan lounge/dining room with large windows which opens up onto a large backyard/garden.
The kitchen has lots of cupboard space and large windows to let light in, melamine cupboard surfaces and space for a fridge and a washing machine.
All the bedrooms are all tiled and two have built-in cupboards.
Each unit has a separate lockable parking on the side of the building with a side entrance and cement driveway.
The complex is fully walled with an entrance to each unit at the front with a sizeable garden.
The rental income from this property is R6000.00 per unit per month per unit (thus a total of R18 000 rental income) and each unit has a pre-paid electrical meter and a water meter.
The property is situated in the Wadeville Industrial area which make it accessible for tenants to their places of employment.
There are primary and secondary schools within a reasonable distance from this property as well as access to freeways.
Please note that there are two identical properties adjacent to each other offering 3 x 3 bedroom duplex units each with 1.5 bathrooms. It can be bought separately at R1 399 000 or both for R2 798 000.
Every unit has a pre-paid meter and it's own water meter.
Calling investors! Do not to miss this super opportunity.
Bond Payments | R |
Mun. Rates & Taxes | ZAR 1,285 |
Web Ref | RXDH-10067 |
Property Type | Commercial Property |
Building Size | 300m2 |
Erf Size | 845m2 |
Bedrooms | 9 |
Bathrooms | 3 |
Garage | 3 |
Tinka Lategan
Full Status Property Practitioner
RE/MAX All Stars (Germiston)
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Monthly Bond Payment: R