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POA

Commercial Property On Auction in New Park

  • Erf Size 1 394 m²
    • m²: 1 394 m²
    • Hectares: 0.139 ha
    • Acres: 0.344 acres
  • AUCTION
±1394 SQM Residential Student Accommodation Investment Property

±1394 SQM Residential Student Accommodation Investment Property

Situated at 13 Angel Street, Kimberley.

This investment Income property has been converted into 19 Bachelor flatlets and 1 one bedroom flatlet. Property is situated in close proximity of University, ideal for student accommodation, and good potential for sectional title scheme. Very popular rental units.

The property has 2 Main electricity meters for common areas and each unit has its own prepaid meter. One water meter for the entire property and costs are shared between the tenants.

Property is Zoned: Suburban Business

Primary uses: Business Premises, Block of Flats & Residential, Buildings above ground floor, Licensed Hotels, Places of Assembly & Institutional Buildings

Consent uses: Public Garage, Public Worship, Place of Instruction, Putting Courses & Drive -in Restaurants

The...

±1394 SQM Residential Student Accommodation Investment Property

Situated at 13 Angel Street, Kimberley.

This investment Income property has been converted into 19 Bachelor flatlets and 1 one bedroom flatlet. Property is situated in close proximity of University, ideal for student accommodation, and good potential for sectional title scheme. Very popular rental units.

The property has 2 Main electricity meters for common areas and each unit has its own prepaid meter. One water meter for the entire property and costs are shared between the tenants.

Property is Zoned: Suburban Business

Primary uses: Business Premises, Block of Flats & Residential, Buildings above ground floor, Licensed Hotels, Places of Assembly & Institutional Buildings

Consent uses: Public Garage, Public Worship, Place of Instruction, Putting Courses & Drive -in Restaurants

The property currently generates an investment / rental income of ±R70,900 p/m

Listing number: P24-115103998, Image number: 1
Listing number: P24-115103998, Image number: 2
Listing number: P24-115103998, Image number: 3
Listing number: P24-115103998, Image number: 4
Listing number: P24-115103998, Image number: 5
Listing number: P24-115103998, Image number: 6
Listing number: P24-115103998, Image number: 7
Listing number: P24-115103998, Image number: 8
Listing number: P24-115103998, Image number: 9
Property Overview
Listing Number
115103998
Type of Property
Commercial Property
Street Address
Listing Date
21 October 2024
Erf Size
1 394 m²
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Auction Details

14 November 2024, 12:00
2 Pickering Avenue, Kimberley
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