R 11 950 000
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Commercial space in Three Rivers

4 025 m²

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

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