R 8 200 000
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349 m² Commercial space in Mowbray

16 6 6 589 m² 349

Prime Block of Flats For Sale in Mowbray

A Very Neat And Well-Maintained Block of Flats/Student Accomodation Situated In Mowbray

Property Overview:

Location: Mowbray, Student Residence Precinct

Property Type: Sectional Scheme Block of Flats

ERF Size: 589m

Zoning: GR4

Key Features:

* Total Units: 6 Apartments

* 4 x 3-Bedroom Units

* 2 x 2-Bedroom Units

* Unit Sizes: 62m, 62m, 61m, 61m, 44m, 42m

* Parking: 1 Garage & 6 Parking Bays

Investment Highlights:

Prime Location: Situated In The Heart Of Mowbrays Student Residence Precinct, Ensuring High Rental Demand. The Block Is Fully Let To Post Grad Students And Emerging Professionals

Rental Income: All Units Are Currently Rented Out, Providing Immediate Return On Investment.

Property Condition: The Block Is Neat And Well-Maintained, Requiring Minimal Initial Investment.

Ideal For:

Investors: Seeking A Property With Consistent Rental Income.

Developers: Interested In A Prime Location With Potential For Further Development.

Property details

  • Listing number T4640007
  • Property type Commercial
  • Erf size 589 m²
  • Floor size 349 m²
  • Rates and taxes R 1 800

Property features

  • Bedrooms 16
  • Bathrooms 6
  • Open Parkings 6

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