Excellent investment property for sale in New Redruth. Asking price R2 326,500.00. The property generates a rental income of R40 000 per month and general expenses are between R10 000 and R12 000 per month.
Under roof is 593sqm and stand size is 1280sqm. The property consists of the following:
11 Flats with private bathrooms.
Separate flat with private bathroom.
House with 4 bedrooms.
Storage rooms at the front of the property.
1 garage.
The property is in close proximity to all main arterial routes, shops, schools and other amenities in the area.