Please note – This not a Commercial Property. 15 UNITS SOLD TOGETHER AS AN ENTIRE APARTMENT BLOCK/COMPLEX NOT SECTIONALIZED Photos listed are an example of one of the units.
Discover an exceptional investment opportunity with this solidly built face brick apartment block, ideally located in the vibrant neighborhood of Richmond Estate, Goodwood.
This property features:
- 12 Two-Bedroom Apartments (+- 85m² each): Spacious and thoughtfully designed, these two-bedroom units offer comfortable layouts. Each apartment boasts ample natural light and convenient access to local amenities.
- 3 One-Bedroom Apartments (+- 72m² each): These one-bedroom apartments provide a cozy living space.
Key Features:
Current Rental Income: The 15 units generate a total rental income of R108,225.00 Per Month
Potential for Rental Increases: There is significant potential for rental increases of up to +- 20% enhancing the investment's profitability. Prime Location: Enjoy easy access to public transport, shops, and schools. Communal area and remote-controlled gates.
Don’t miss the chance to own this fantastic property in a sought-after location. Contact us today for more information or to schedule a viewing!
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Disclaimer: While every effort will be made to ensure that the information contained within the Jawitz Properties website is accurate and up to date, Jawitz Properties 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.
Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.
