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Apartment / Flat for Sale in Judiths Paarl
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800 m²
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Well-Run, Four Unit Apartment Block For Sale in Judith's Paarl
Recently painted, this 4-unit face brick & plaster apartment block in Judith's Paarl has been well maintained and is well run by the owner.
The block comprises 4 large, 2 bedroomed units of 120m2 with lounge, bathroom, separate toilet, kitchen and balcony.
Other features include: foyer, parquet & tiled floors, burglar bars, security gates, BICs, single parking bay per unit, prepaid water and electricity, cellar, stairway, iron fire escape at rear, courtyard, clothes lines, palisade fencing, security motor gate.
There are also 2 staff rooms on the roof which can simply be converted into income-producing bachelor flats.
Rental income is R230 000 per annum which translates to a yield of 19% This yield can easily be increased as rentals have not been adjusted for a number of years and the opportunity for extra income by the conversion of the staff rooms on the...
Property Overview
Listing Number
114220618
Type of Property
Apartment / Flat
Street Address
Description
Double Storey, Freestanding, First Floor, Ground Floor, Residential
Lifestyle
Accommodation, Complex, Dual Living, Metropolitan, Mountain, Shared Living, Suburban
Listing Date
03 April 2024
Erf Size
447 m²
Floor Size
800 m²
Price per m²
R 1 494
Levies
R 1
Special Levy
R 1
Rates and Taxes
R 2 054
Rooms
Bathroom
Bath, Toilet and Basin, Shower
Kitchen
Dishwasher Connection, Washing Machine Connection
Rooms
Curtain Rails, Patio, TV Port, Telephone Port
External Features
Parking
Carport, On Street Parking, Secure Parking, Single
Building
Floor
Parquet Floors
Other Features
Security
Burglar Bars, Perimeter Wall, Security Gate, 24 Hour Access
Special Feature
Awning, Balcony, Paveway, TV Antenna
Points of Interest
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