R 13 250 000
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27 Bed Apartment in Grahamstown Central

27 14 15 3 205 m²

Lucrative investment opportunity- 2 x blocks of flats - Kraaines secure complex in Grahamstown

Explore a remarkable investment opportunity at Kraaines, a secure and well-maintained complex located in the vibrant city of Grahamstown. This property is perfect for investors seeking steady returns and long term value. Offering both residential living and commercial space.

Property features:

12 Spacious units, each featuring:

2 Bedrooms

1 X Well appointed bathroom

Comfortable and spacious lounge

Private balcony at all units

Kitchen features:- built in cupboards with melamine finishes

Amenities:

Ample built in cupboards for storage

Dedicated laundry room

Plumbed in backup water tanks to enhance tenants'' satisfaction

Access to Fibre - Frogfoot - Cloudnet system

Security:

Off street parking

Remote access and intercom system for added safety

Outdoor space:

Beautifully maintained garden that improves the living environment and increases rental appeal

The complex also comprises of:

A Spacious double storey cottage

Downstairs:

Lounge

Dining room

Kitchen

Upstairs

3 Bedrooms

Bathroom with shower, basin and WC

Enclosed balcony

Outside office with shower and basin

Secure off street parking

Retail space with shop frontage onto Hill Street

2 X Workshops

Investment potential:

Kraaines boasts a strategic location, making it a highly sought-after rental property in Grahamstown. The combination of modern conveniences and solid infrastructure ensures strong demand and low vacancy rates. This complex offers investors the potential for consistent rental income and long term capital appreciation.

For more details or to arrange a viewing, please contact me today to discover how Kraaines can be a valuable addition to your investment portfolio.

Financials available on request.

Property details

  • Listing number T4844958
  • Property type Apartment
  • Erf size 3 205 m²

Property features

  • Bedrooms 27
  • Bathrooms 14
  • Lounges 13
  • Open Parkings 15
  • Balcony
  • Garden

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