One owner block of flats in Willows for sale .
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 .
Property Features
Key Features
Bedrooms47
Bathrooms24
Parking24
Erf Size1 983 m²
RatesR 6 490
Interior
Kitchen
Toilet
Built-in Cupboards