R1,650,000
Apartment Building for Sale in Rosettenville
Prime Investment Opportunity: 4-Unit Apartment Block in Rosettenville
Asking Price: R1,650,000
This well-maintained, double-storey facebrick apartment block presents an excellent investment opportunity in a sought-after Rosettenville location.
Key Features:
* 4 Spacious 3-Bedroom Units: Providing ample living space for tenants.
* Generous Gross Lettable Area (GLA): Approximately 200 square meters.
* 4 Secure Parking Bays: Enhancing tenant convenience and appeal.
* High Income Potential: Anticipated gross annual income of R225,600 when fully occupied.
* Low Maintenance: Durable facebrick construction minimizes upkeep costs.
* Convenient Tenant Billing: Pre-paid water and electricity meters for easy management.
* Residential 4 Zoning: Offers flexibility for potential future development (subject to council approval).
Financial Highlights:
* Monthly Rates and Taxes: R857.12
Erf Size: 450 square meters
Don't miss this chance to acquire a profitable investment property in Rosettenville.
Features
Exterior
Extras
Near Schools • Near Hospital • Near Public Transportation • Near Highway
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Disclaimer: While every effort will be made to ensure that the information contained within the EXP Realty website is accurate and up to date, EXP Realty 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.