8.5 Bedroom Apartment Block For Sale in Casseldale

R1,720,000

Monthly Bond Repayment R18,639.76
Calculated over 20 years at 11.75% with no deposit.

Web Ref No JRL16424

INVESTORS AT THIS PRICE, COME AND VIEW THIS PROPERTY!

Situated on a massive stand of 2458m², situated in a quiet area close, to local schools and and shops. This building is zoned as Residential 1 consisting of 6 flats.
This is a great investment with lot of potential.
Property is in a process of renovation of kitchens and bathrooms
3 x 1 .5 Bedroom flats with bedroom, full bathroom, kitchen and lounge 1 x balcony
1 x 2 bedroom flat with bathroom, kitchen & lounge and laundry
2 x 1 bedroom flats kitchen bathroom lounge and 1 x balcony

These flats are really spacious with built in cupboards.
Landscaped garden
There are 6 carports, garages for 4 vehicles with outbuilding
All flats are fitted with Ekurhuleni pre- paid meters.
The Monthly income per unit various between R5000 - R6000 per month
rates: R2700, and water is paid by the tenants
Jo Jo tank and store rooms.

Features

Bedrooms 8.5
Bathrooms 6
Recep. Rooms 12
Study 1
Garages 8
Land Size 2,458m²
Carports/Parkings 2
Pets Allowed Yes
Monthly Rates R2,700.00