FEATURED
EXCLUSIVE MANDATE
Web Ref RL953180
R6,500,000
Monthly Bond Repayment R69,317.92
Calculated over 20 years at 11.5% with no deposit.
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Monthly Rates
R7,748.29
R7,748.29
Be the Proud Owner of a 12 unit Apartment Block on The Bluff
The opportunities are endless with this Share Block Property. There are 12 x 2 bedroom apartments. Either renovate the 12 apartments and create a lifetime of rental income or open a sectional title register and sell off individual apartments.
Each apartment consists of 2 bedrooms, and enclosed balcony. The apartments need an upgrade but once done, great rental or sale prices can be achieved!!! Transfer duty is payable on this transaction as the Seller is not a vat vendor. This block is situated in Channel View Road where demand for rental and purchase of property is strong. The Bonus of this investment opportunity is the large garden area that could incorporate more parkings to compliment the undercover parkings.
Each apartment consists of 2 bedrooms, and enclosed balcony. The apartments need an upgrade but once done, great rental or sale prices can be achieved!!! Transfer duty is payable on this transaction as the Seller is not a vat vendor. This block is situated in Channel View Road where demand for rental and purchase of property is strong. The Bonus of this investment opportunity is the large garden area that could incorporate more parkings to compliment the undercover parkings.
Features
Pets Allowed
No
Interior
Bedrooms
24
Bathrooms
12
Kitchen
12
Reception Rooms
12
Furnished
No
Exterior
Garages
1
Security
No
Parkings
12
Pool
No
Sizes
Land Size
1,010m²
Extras
Built in Wardrobes; Bath, Toilet and Basin; Complex; Visitors Parking; Level Road
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