Accepting Offers.
DESCRIPTION:
• Potential to renovate or redevelop and grow the rental income on this exciting opportunity!
• Ideal for the short term rental market too.
• Total gross rental income currently achieving R74 000 per month for all 4 units
• Utilities, insurance and rates approximately R10355 per month.
• Tenants paying electricity
• Ideal position nestled in the heart of the city. Enjoy the convenience of having shops, cafes, and amenities just steps away. Table Mountain and the City Bowl on your doorstep.
• Short distance from highways and city attractions.
• Back courtyard area with lots of potential. Potential to have parking.
• Ideal tourist spot.
• Gross Lettable Area: ±640m²
• Extra Bulk available
• 4 Flats (Originally 3 Bedrooms Per Unit)
• Sizes : ±160m² X 4
DETAILS:
• Erf Size: 703m²
• Zoning: General residential...
Accepting Offers.
DESCRIPTION:
• Potential to renovate or redevelop and grow the rental income on this exciting opportunity!
• Ideal for the short term rental market too.
• Total gross rental income currently achieving R74 000 per month for all 4 units
• Utilities, insurance and rates approximately R10355 per month.
• Tenants paying electricity
• Ideal position nestled in the heart of the city. Enjoy the convenience of having shops, cafes, and amenities just steps away. Table Mountain and the City Bowl on your doorstep.
• Short distance from highways and city attractions.
• Back courtyard area with lots of potential. Potential to have parking.
• Ideal tourist spot.
• Gross Lettable Area: ±640m²
• Extra Bulk available
• 4 Flats (Originally 3 Bedrooms Per Unit)
• Sizes : ±160m² X 4
DETAILS:
• Erf Size: 703m²
• Zoning: General residential 4
DISCLAIMER:
The following information supplied in this advert does not constitute a waranty of any kind or nature by the Sellers of the property or by the Brokers. Buyers must conduct their own investigations prior to purchasing.
The Claremart Group is a leader in commercial and residential properties. We attract huge crowds to our auctions and consistently match and exceed the mandated price on properties sold under our hammer.