Commercial space in Rosettenville

Prime Investment Opportunity: 4-Unit Apartment Block in Rosettenville

Asking Price: R1,650,000

This well-maintained, double-storey facebrick apartment block presents an excellent investment opportunity in a sought-after Rosettenville location.

Key Features:

* 4 Spacious 3-Bedroom Units: Providing ample living space for tenants.

* Generous Gross Lettable Area (GLA): Approximately 200 square meters.

* 4 Secure Parking Bays: Enhancing tenant convenience and appeal.

* High Income Potential: Anticipated gross annual income of R225,600 when fully occupied.

* Low Maintenance: Durable facebrick construction minimizes upkeep costs.

* Convenient Tenant Billing: Pre-paid water and electricity meters for easy management.

* Residential 4 Zoning: Offers flexibility for potential future development (subject to council approval).

Financial Highlights:

* Monthly Rates and Taxes: R857.12

Erf Size: 450 square meters

Don''t miss this chance to acquire a profitable investment property in Rosettenville.