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750m² Investment For Sale in Waterkloof Heights

R5,900,000

Web Ref No CL817

8 apartment cash-cow investment

This well located property consists of 8 tenanted apartments generating R 60 000 per month income. At asking price of R 5.9 mil that is a 12% yield.

This kind of accommodation in the Old East of Pretoria is extremely difficult to find, which is the reason most of the tenants are staying 5 + years.

Features

Zoning Mixed Use
Floor Size 750m²

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Market value

R5,900,000

Offers from

R5,200,000

Offers for this listing must be made in R50,000 increments. More Info

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Broker Contact Details

Dennis Hamer
Harcourts Capital

Cell 082 415 8547
Office (012) 4604444
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Nicky Da Silva
Harcourts Capital

Cell 084 456 2561
Office (012) 4604444
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