R2,150,000
Monthly Bond Repayment R22,559.00
Calculated over 20 years at 11.25% with no deposit.
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Block Of Flats Plus The Main House For Sale In Orlando West
Amazing Investment Opportunity: Don't miss out on owning a block of flats in the sought-after neighborhood of Orlando West. This single-story property features 3 units in floor with a total of 6 well-sized bachelor rooms. Each room includes a kitchenette with built-in cupboards and shares three spacious bathrooms. The spacious yard can accommodate parking for four cars, with an additional 2 cars in an automated garage. Your tenants' security is ensured with high walls and a gate.
The block of flats is conveniently located near the Caltex garage, providing easy access to taxis, the Hector Peterson Museum, and other amenities. All rooms are currently occupied, generating a potential rental income of R19,500 per month, including the main house. The property also holds great potential for future redevelopment. Seize the opportunity to invest in this centrally located property with excellent earning potential.
Key features:
- Single-storey with 6 units
- 3 bathrooms sharing
- Open plan layout
- High walls for security
- Potential rental income of R19,500
- Centrally located
Features
Interior
Extras
Unfinished • Safe Location • Pets Not Allowed • 2 Car Garage • En-suite Bathroom • Garage • Balcony • Modern • Open • Built In Appliances • Near Public TransportationGet Email Alerts
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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.