Commercial space in Three Rivers
Excellent Investment Property For Sale in Three Rivers Proper. Block of Flats in Three Rivers Proper
Presenting an exceptional investment opportunity in the tranquil and sought-after area of Three Rivers Proper. This well-maintained block of flats, consisting of 28 units, is being sold as a complete investment property. Ideal for investors seeking a stable income stream, this property offers a serene, tree-lined neighborhood that provides peace and privacy.
Property Features:
Units: 28 in total, with 13 units featuring private balconies and 15 without.
Condition: All units are in good condition, showcasing the current owner''s commitment to high standards and maintenance.
Interior: Each unit boasts an open-plan living area, two spacious bedrooms, a separate toilet, and a well-appointed bathroom. The kitchens are equipped with wood cabinets and all units feature durable, easy-to-clean tiled floors.
Security: The building is secured with an electric gate, surveillance cameras, and benefits from a very safe environment.
Rental Income: Units generate a stable rental income between R5,500 and R5,800 each, with a history of reliable tenants.
Maintenance: This is a low-maintenance property, with significant effort and investment made to ensure the building and units are neat and well-maintained.
Location: Situated in a peaceful, treed area of Three Rivers Proper, this property offers a serene living environment with excellent local amenities and a strong community presence.
Contact Us: This entire building is being sold as a single investment property. Dont miss out on this outstanding opportunity. Contact us today to arrange a viewing and explore the potential of this prime property.
Property details
- Listing number T4762688
- Property type Commercial
- Listing date 26 Aug 2024
- Land size 4 025 m²
- Rates and taxes R 12 000