R6,420,000
R6,420,000
Monthly Bond Repayment R68,464.78
Calculated over 20 years at 11.5% with no deposit.
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Exceptional Investment Opportunity: Fully Leased 6-Unit Apartment Block just off Sandown Road
Exceptional Investment Opportunity: Fully Leased 6-Unit Apartment Block just off Sandown Road
High Tenant Demand
Discover a premier investment opportunity with this fully leased apartment block, comprising six modern 2-bedroom, 1-bathroom units, ideal for a collective purchase. Each unit falls below the R1.1 million threshold, exempting it from transfer duties, with each apartment on its own sectional title.
Prime Location : Opposite Virgin Active Gym, Food Lovers Market & within 200m of the MyCity Bus Stop.
Ave Monthly Rental Income : ±R60 000 for all 6 units.
Property Highlights:
Units Included:6 Apartments (4 ground-floor units, 2 second-floor units) - Apartment Size 64m2 each.Each unit offers 2 bedrooms, 1 bathroom, and an allocated parking bay.
Leased Units:All units are currently leased. Lease terms and rental income details are available upon request.
Images Available:Photos of a sample apartment are available for viewing.
This rare investment opportunity offers a steady rental income stream in a highly sought-after area. For further information, please contact us today!
Features
Interior
Exterior
Sizes
Extras
Near Beach • Near Shopping Mall • Safe Location
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