43 Bedroom Apartment / Flat for Sale in Wilkoppies

Complex of Flats with Development Land in Wilkoppies!

Unique opportunity for those seeking a stable income while doing their own development. Current complex can be incorporated into the development or easily walled off as a separate complex to the development.

Total area is 10.1169Hectares, consisting of three stands. All three stands have street frontage and ends down at the Schoonspruit.

First of the stands is 3.82 Hectares, most of the rental units and other amenities is on it – 3 phase electricity, sewerage, municipal water, 2 Boreholes – one is equipped about 1700 litres per hour

Zoning Special – residential, restaurant, amusement, caravan park, recreational facilities, a contractor’s yard and more

Rental income on this piece consists of;

• 9 Flat Lets – each consisting of bathroom, kitchen, living room and private garden (irrigation from borehole)

? 8 of the flats are 2 Bedrooms

? 1 of the flats is a 1 Bedroom

? Six of the units have private gardens at the front and back, the remainder three have only at the front

? Six of the units also have their back porches enclosed.

? 12 carports provide safe and secure parking for tenants. There is also 1 trailer carport.

• 18 single rooms with communal toilets and showers are a strong addition to the rental income.

• Bar (about 108 square meters) – Built in counter, kitchen, toilets, storeroom, and main area with built in braai/fireplace.

• Additional rental

? Tuck shop (shelving included)

? K53 training course (needs only a hill start)

? Put-Put course (18 holes)

? Terrain with Lapa (56 square meters), swimming pools (Big one with small one at the side) and braais are rented out for functions/events

Additional structure (could also be utilised or converted to generate income)

? 38square meter lockable double garage

? Workshop – worktable, shelving, and cabinets – 20square meters)

? 3 x Storerooms - 28square meter, 15square meters, and 29square meters

The second and third was one piece, but was subdivided (SPLUMA is done), approval was given should it be needed to consolidate back as one or otherwise to leave it as two separate stands.

Second stand is 5100 square meters and holds the remainder of the rental units and amenities. – electricity, sewerage, and municipal water.

Rental income on this piece consists of;

• 4 Flat Lets – each consisting of 2 x Bedrooms, bathroom, kitchen, living room and private garden (irrigation from borehole from other stand)

? 6 lockable carports provide safe and secure parking for tenants.

Additional structure (could also be utilised or converted to generate income)

? 3 x Adjacent Storerooms (could be turned into rooms)

? 1 Staff toilet, shower, and basin.

Third stand is 5.7869 Hectares, and is vacant land, prime for development, Zoned for residential development. – municipal water and sewerage. Electricity needs to be done, according to development need.

? Maximum height is 2 Storeys

? Only thing on it is a cement dam ±5500 litres (Borehole on first stand fills it)

A combined income of around R90 000 could be obtained from the rental. Current tenants would like to stay on if possible.