27 Bedroom Freehold For Sale in Bulwer

R9,000,000

Monthly Bond Repayment R94,433.04
Calculated over 20 years at 11.25% with no deposit.

Web Ref No RL34675

27 Bedroom Apartment for sale

Superb Investment Opportunity Opposite Glenwood Spar!

This well-maintained 3-story block of flats offers incredible potential with 27 double rooms 110 sqm, ideal for students, young professionals, or retirees. Featuring: multiple kitchens and bathrooms to accommodate tenants comfortably. 5 lock-up garages and 10 open parking bays. Fully fenced for added security.

Rental Potential: Current rental income of approximately R70,000 per month. Some units recently increased in rental rates, with further adjustments due in January 2025. A couple of units are currently vacant, providing opportunities to secure new tenants and boost income further.

Don’t miss out on this lucrative investment
Contact me for more details or to arrange a viewing!