One owner block of flats in Willows for sale .

  • R13,800,000
For Sale
One owner block of flats in Willows for sale .
  • R13,800,000

Overview

Property ID: HZ2111048
  • Investment
  • Property Type
  • 47
  • Bedrooms
  • 24
  • Bathrooms

Description

Low Maintenance Face-brick block of flats
Not sectional titled, and this in itself makes this a Gem !!! .
There are 1 bachelor flat and 23 x 2 bedroom flats.
The income generated at a 100% occupancy should be R111696 p/m
Rates /taxes R6490.
Insurance R2496 .
Wages R1644.
Total R10630.
These properties are becoming a rarity and prove to be very valuable as an investment on the long run .
Nobody builds them anymore as the cost today and the rental income that can be made will not balance out .
This is why for a 100% no risk, investment buy this property we will do the rental for you and manage it on for you. Sit back enjoy your life while getting paid every month for doing nothing .
More info will be given once the Due diligence is required.

Plus Vat if applicable .

Address

  • City Bloemfontein
  • State/county Free State
  • Area Willows

Details

Updated on July 3, 2024 at 7:44 am
  • Property ID: HZ2111048
  • Price: R13,800,000
  • Bedrooms: 47
  • Bathrooms: 24
  • Property Type: Investment
  • Property Status: For Sale

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Pieter Kriel
  • Pieter Kriel