±1196 SQM Residential Investment Income Property, Kimberley
Situated at 32 Roper Street Kimberley
Well situated within walking distance of CBD, 2 Blocks of flats, Block A consisting of 5 x Bachelor flats, 1x 1 bedroom and 1x2bedroom, Rental income of ±R21 000. Block B consisting of 14 x Bachelor flats, rental income of ±R34 650, on site parking
Each unit has its own electricity prepaid meter and one main water meter, costs split between tenants
Zoning: General Residential;
Permitted use: Dwelling Houses, Blocks of Flats & Residential Buildings
Permitted with Special Consent: Places of Public Worship, Places of Instruction, Institutional Buildings & Licensed Hotels (without off-sales facilities)
Total Rental/ Investment Income: ±R55,700 p/m