R 4 500 000
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Commercial space in Musgrave
611 m²
Block of 11 Flats in Musgrave Area. Ideally located at the top of Steve Biko Road close to Currie Road and within walking distance to D.U.T. The building is fully tenanted providing a good income stream.
The building is very well maintained with gardens at the front and secure drive-in access to four lock-up garages and six open parking bays. There is a grassed washing line area which could be utilized to provide extra parking.
Ten of the flats are studio apartments with a lounge, dining area, enclosed porch large enough for a double bed, kitchen and bathroom.
There is an additional two bedroomed ground floor unit. A well priced excellent investment opportunity.
Property details
- Listing number T4853047
- Property type Commercial
- Erf size 611 m²
- Rates and taxes R 8 472