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R 2 750 000

2 Bedroom Apartment / Flat for Sale in Strand Central

Strand Central, Strand

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Contact Agent

Sanjeev Boyjoonauth

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Income Generating - 4 Fully Tenanted Apartments

Accepting Offers.

DESCRIPTION:

TWO SECTIONS SPLIT INTO 4 UNITS FULLY TENANTED:

• Units consist of 2 x bachelors, 1 x 1 bed and 1 x 2 bedroom unit

• Fully tenanted with lease agreements in place.

• Only the 2 bed unit is on month to month

• Individual Water meters and electricity meters in place.

• Well maintained block with property manager in place who collects rent and manages the block.

• Opportunity to expand or increase rentals.

• Close to beach!

Rental breakdown :

• Rent: R7,050.00 - 2 Beds unit

• Rent: R5,200.00 - Bachelor

• Rent: R5,950.00 - 1 bed unit

• Rent: R4,950.00 - Bachelor unit

• Total Rental R23,150 per month or R277,800 per annum

Calling all investors .

DETAILS:

• Sectional Scheme Name: SS Coral Mews

• Sectional Scheme No: 179/1991

• Unit Size (Extent): 2 (100m²)

• Unit Size (Extent): 3 ( 105m²)

• Rates: ±R726.00 per...

Bedrooms: 2

Bathrooms: 2

Garages: 1

Listing number: P24-114804168, Image number: 1

Listing number: P24-114804168, Image number: 2

Listing number: P24-114804168, Image number: 3

Listing number: P24-114804168, Image number: 4

Listing number: P24-114804168, Image number: 5

Listing number: P24-114804168, Image number: 6

Listing number: P24-114804168, Image number: 7

Listing number: P24-114804168, Image number: 8

Listing number: P24-114804168, Image number: 9

Property Overview

Listing Number

114804168

Type of Property

Apartment / Flat

Listing Date

16 August 2024

Rooms

Bedrooms

Bathrooms

Lounge

Dining Room

External Features

Garage

Other Features

Security

Security Gate, Burglar Bars

Temperature Control

Air Conditioning Unit

Special Feature

Built in Braai

Points of Interest

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