R 8 500 000

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40 Bed House in Merrivale

40 20 20 1842 m² 1250

This property has 20 beautiful and spacious 2 bedroom,1 bathroom individual units. Each unit is currently rented out for R6000 per month excluding water and electricity. 17 units are currently rented out. Potential R120000 monthly income.

Extremely close to Merrivale Spar and Sasol garage leaves this property to be very sought after. Facebrick adds to this apartment block''s physical appeal. Covered carport throughout the premises for tenants'' use. Property is secure all around and has 2 palisade gate entrances.This is a once in a lifetime investment opportunity. Your monthly income will surpass your bond/investment repayments. Do not hesitate to call to view this fantastic flat for sale.

Call me if you are looking to buy or sell your property anywhere in the Midlands.

Property details

  • Listing number T4501942
  • Property type House
  • Erf size 1842 m²
  • Floor size 1 250 m²

Property features

  • Bedrooms 40
  • Bathrooms 20
  • Lounges 20
  • Dining Areas 20
  • Covered Parkings 20
  • Balcony
  • Patio

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