20 Bedroom Apartment Block For Sale in Umhlatuzana
R8,000,000
Monthly Bond Repayment R85,314.37
Calculated over 20 years at 11.5% with no deposit.
Web Ref No RL3711
Great investment opportunity
Umhlatuzana
A great investment opportunity has presented itself just off Higginson Highway in Umhlatuzana T/ship. The developer has created 4 x 3 bed, 2 baths, 2 parking units and 4 X 2 bed, 1 baths, 1 parking units. The complex is not sectionalised and has a great ROI for sectionalising and selling off the units individually or keep as is. The current rental yield is R54 000pm. The estimated rental income could be R720 000pa. This is a must see for any consortium purchase or an individual looking to increase their property portfolio. This is one of 2 complexes for sale, the other being 13 apartments in the Malvern area with 3 beds, 2 baths, 2 parkings as the standard spec. Don't Delay to Call or WhatsApp me for more info regarding this rare deal.
A great investment opportunity has presented itself just off Higginson Highway in Umhlatuzana T/ship. The developer has created 4 x 3 bed, 2 baths, 2 parking units and 4 X 2 bed, 1 baths, 1 parking units. The complex is not sectionalised and has a great ROI for sectionalising and selling off the units individually or keep as is. The current rental yield is R54 000pm. The estimated rental income could be R720 000pa. This is a must see for any consortium purchase or an individual looking to increase their property portfolio. This is one of 2 complexes for sale, the other being 13 apartments in the Malvern area with 3 beds, 2 baths, 2 parkings as the standard spec. Don't Delay to Call or WhatsApp me for more info regarding this rare deal.
Features
Bedrooms 20
Bathrooms 12
Recep. Rooms 16
Land Size 1,310m²
Carports/Parkings 12
Bathrooms 12
Recep. Rooms 16
Land Size 1,310m²
Carports/Parkings 12
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