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R 5 000 000

Commercial Property for Sale in Athlone

Athlone, Cape Town

Contact broker for street address

558 m²
- m²: 558 m²
- Hectares: 0.056 ha
- Acres: 0.138 acres

Contact Broker

Gona Pillay

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Lucrative Investment of a 8 two bedroom-apartment Commercial Building! Earn a steady and impressive return on investment

Discover a lucrative investment opportunity with our commercial building featuring 8 contemporary two-bedroom apartments. Each unit is meticulously maintained and equipped with its own prepaid electric and water meters, ensuring tenant autonomy and streamlined utility management. With a monthly income of R50,000, this commercial property promises a steady and impressive return on investment. Coupled with low maintenance costs, investors can enjoy consistent profitability while minimizing expenses.

Tenants will appreciate the modern amenities and conveniences offered, including designated laundry facilities within the building and on-site parking for added convenience.

This commercial building presents an ideal blend of modern living spaces, financial viability, and tenant satisfaction, making it an irresistible opportunity for discerning investors seeking both...

Listing number: P24-113776117, Image number: 1

Listing number: P24-113776117, Image number: 2

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Listing number: P24-113776117, Image number: 4

Listing number: P24-113776117, Image number: 5

Listing number: P24-113776117, Image number: 6

Listing number: P24-113776117, Image number: 7

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Listing number: P24-113776117, Image number: 9

Property Overview

Listing Number

113776117

Type of Property

Commercial Property

Listing Date

18 December 2023

Erf Size

558 m²

Rates and Taxes

R 1 300

Facilities

Bathrooms

In unit bathrooms

Kitchens

External Features

Parking

Secure parking, Tandem parking

Other Features

Security

Burglar Bars

Nearby Public Transport

Bus, Minibus Taxi

Internet Access

Fibre

Wheelchair Accessible

Yes

Points of Interest

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