22 Bedroom Apartment Block For Sale in Empangeni Central
R4,870,000
Monthly Bond Repayment R51,935.12
Calculated over 20 years at 11.5% with no deposit.
Web Ref No RL25586
Investment Opportunity Like No Other!
Introducing a unique, highly convenient investment opportunity with this sale of 11 fully-rented apartment units, each featuring 2 bedrooms and 1 bathroom. Generating a moderate income of R52,000 per month and significant potential for rental increases in the near future, this sale is designed for low-maintenance ownership, with all units currently occupied and producing reliable returns.
Adding to the appeal, a dedicated caretaker is on-site to handle rent collection, repairs, and tenant management, ensuring that the apartments remain fully occupied and in suitable condition. This investment is ideal for those seeking a hassle-free addition to their portfolio, offering both immediate returns and long-term growth potential. Don't miss out on this prime real estate opportunity!
Your investment, our experience - contact me today before this one-of-a-kind chance is gone!
Adding to the appeal, a dedicated caretaker is on-site to handle rent collection, repairs, and tenant management, ensuring that the apartments remain fully occupied and in suitable condition. This investment is ideal for those seeking a hassle-free addition to their portfolio, offering both immediate returns and long-term growth potential. Don't miss out on this prime real estate opportunity!
Your investment, our experience - contact me today before this one-of-a-kind chance is gone!
Features
Bedrooms 22
Bathrooms 11
Recep. Rooms 11
Floor Size 667m²
Land Size 5,820m²
Carports/Parkings 2
Monthly Levy R1,600.00
Bathrooms 11
Recep. Rooms 11
Floor Size 667m²
Land Size 5,820m²
Carports/Parkings 2
Monthly Levy R1,600.00
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