R 3 000 000
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12 Bed Apartment in Port Elizabeth Central

12 5 5 58 m²

5 Fully Furnished NSFAS-Approved Flats for Sale in Balmain, Central

Available in the well-maintained Balmain complex, these five flats offer an incredible investment opportunity, generating a net rental income of R57,000 per month with 19 Students in total.

Features include prepaid water and electricity meters, available Wi-Fi, a laundry facility with a washer and dryer, and two lifts servicing all units. The complex is secured with biometric access for enhanced safety.

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R3 000 000.00 For All Five Flats or R599 999.00 per flat

Flat 1 - Net Income R12 386.07 - 4 Students

Flat 2 - Net Income R11 930.69 - 4 Students

Flat 3 - Net Income R8 524.45 - 3 Students

Flat 4 - Net Income R11 973.75 - 4 Students

Flat 5 - Net Income R12 411.45 - 4 Students

Property details

  • Listing number T4846126
  • Property type Apartment
  • Floor size 58 m²

Property features

  • Bedrooms 12
  • Bathrooms 5
  • Lounges 5
  • Open Parkings 5
  • Kitchen

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