40 Bedroom House For Sale in Merrivale
R8,500,000
Monthly Bond Repayment R92,115.10
Calculated over 20 years at 11.75% with no deposit.
Web Ref No JRL15274
20 unit apartment block at a low price
This property has 20 beautiful and spacious 2 bedroom,1 bathroom individual units. Each unit is currently rented out for R6000 per month excluding water and electricity. 17 units are currently rented out. Potential R120000 monthly income.
Extremely close to Merrivale Spar and Sasol garage leaves this property to be very sought after. Facebrick adds to this apartment block's physical appeal. Covered carport throughout the premises for tenants' use. Property is secure all around and has 2 palisade gate entrances.This is a once in a lifetime investment opportunity. Your monthly income will surpass your bond/investment repayments. Do not hesitate to call to view this fantastic flat for sale.
Call me if you are looking to buy or sell your property anywhere in the Midlands.
Extremely close to Merrivale Spar and Sasol garage leaves this property to be very sought after. Facebrick adds to this apartment block's physical appeal. Covered carport throughout the premises for tenants' use. Property is secure all around and has 2 palisade gate entrances.This is a once in a lifetime investment opportunity. Your monthly income will surpass your bond/investment repayments. Do not hesitate to call to view this fantastic flat for sale.
Call me if you are looking to buy or sell your property anywhere in the Midlands.
Features
Bedrooms 40
Bathrooms 20
Recep. Rooms 40
Floor Size 1,250m²
Land Size 1,842m²
Carports/Parkings 20
Bathrooms 20
Recep. Rooms 40
Floor Size 1,250m²
Land Size 1,842m²
Carports/Parkings 20
Agent Contact Details
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