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R 6 950 000
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Commercial Property for Sale in Wellington North

Wellington North, Wellington
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  • Floor Size 669 m²
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Alicia Taljaard

Outstanding income-generating proposition!!

This longest-established private communal living accommodation in Wellington is situated in the heart of the town and close to all amenities and the Cape Peninsula University of Technology

A multi-faceted property with a variety of units that caters to the diverse needs of diverse tenants. The housing is suitable for professionals, students, singles and small families.

These units could be a lock-up-and-go type of accommodation suitable for travelling professionals.

The property consists of ten similar bachelor apartments, offering open-plan living and sleeping areas. All bachelors are equipped with kitchenettes. The bathrooms offer a shower, toilet, and basin. Each of these apartments has its own separate entrance and safety gate. (Own geyser and electricity meters.)

Three slightly larger bachelor apartments offer...

Outstanding income-generating proposition!!

This longest-established private communal living accommodation in Wellington is situated in the heart of the town and close to all amenities and the Cape Peninsula University of Technology

A multi-faceted property with a variety of units that caters to the diverse needs of diverse tenants. The housing is suitable for professionals, students, singles and small families.

These units could be a lock-up-and-go type of accommodation suitable for travelling professionals.

The property consists of ten similar bachelor apartments, offering open-plan living and sleeping areas. All bachelors are equipped with kitchenettes. The bathrooms offer a shower, toilet, and basin. Each of these apartments has its own separate entrance and safety gate. (Own geyser and electricity meters.)

Three slightly larger bachelor apartments offer more space and slightly larger kitchenettes and living spaces. Two of which have full bathrooms and one a bath, basin, and toilet. Each has built-in cupboards and either wooden floors or tiles. (Own geyser and electricity meters.)

The three one-bedroom apartments offer separate living areas and separate kitchens, as well as air conditioning.

A two-bedroom apartment with a spacious open-plan lounge and kitchen. Offers built-in cupboards and wooden floors. This apartment consists of a full bathroom, air conditioning, and a front porch.

The property offers eleven parking bays behind one access gate and additional undercover parking with a separate automated gate for two vehicles.

The units are currently furnished; most of the furniture belongs to the seller and is included in the sale.

A sparkling swimming pool adds value to the property.

All seventeen units are currently occupied.

This property also has business rights.

Read More
Listing number: P24-115235491, Image number: 1
Listing number: P24-115235491, Image number: 2
Listing number: P24-115235491, Image number: 3
Listing number: P24-115235491, Image number: 4
Listing number: P24-115235491, Image number: 5
Listing number: P24-115235491, Image number: 6
Listing number: P24-115235491, Image number: 7
Listing number: P24-115235491, Image number: 8
Listing number: P24-115235491, Image number: 9
Property Overview
Listing Number
115235491
Type of Property
Commercial Property
Listing Date
18 November 2024
Lease Type
Percentage Lease
Erf Size
1 497 m²
Floor Size
669 m²
Rates and Taxes
R 10 374
Pets Allowed
Yes
Furnished
Yes
Zoning
General Business
Bedrooms
18
Bathrooms
17
En suite
Kitchen
1
Braai Room
1
Rooms
Air Conditioner
Truck Access
None
Parking
13
13
Garden
1
Pool
1
Building Grading
P Grade
Power Availability
Single Phase
Security
Totally Fenced, 24 Hour Access
Temperature Control
1
Special Feature
Built in Braai
Flatlet
Yes
Special Features
Gas Geyser
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Bond Calculator

R
R
%
years
Monthly Repayment:
Total Once-off Costs:
Min Gross Monthly Income:
View Breakdown
What do I qualify for based on my income?
What are the bond and transfer costs?
*Disclaimer: Please note that by default this calculator uses the prime interest rate for bond payment calculations. This is purely for convenience and not an indication of the interest rate that might be offered to you by a bank. This calculator is intended to provide estimates based on the indicated amounts, rates and fees. Whilst we make every effort to ensure the accuracy of these calculations, we cannot be held liable for inaccuracies. Property24 does not accept liability for any damages arising from the use of this calculator.
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Terms & Conditions and Privacy Policy.

Contact Brokers

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By continuing I understand and agree with
Property24's Terms & Conditions and Privacy Policy.

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