R 9 000 000
calculate bond costs
27 Bed House in Bulwer
27
6
5
6 461 m²
878 m²
27 Bedroom Apartment for sale
Superb Investment Opportunity Opposite Glenwood Spar!
This well-maintained 3-story block of flats offers incredible potential with 27 double rooms 110 sqm, ideal for students, young professionals, or retirees. Featuring: multiple kitchens and bathrooms to accommodate tenants comfortably. 5 lock-up garages and 10 open parking bays. Fully fenced for added security.
Rental Potential: Current rental income of approximately R70,000 per month. Some units recently increased in rental rates, with further adjustments due in January 2025. A couple of units are currently vacant, providing opportunities to secure new tenants and boost income further.
Dont miss out on this lucrative investment
Contact me for more details or to arrange a viewing!
Property details
- Listing number T4895517
- Property type House
- Listing date 9 Dec 2024
- Land size 6 461 m²
- Floor size 878 m²
- Rates and taxes R 3 600
Property features
- Bedrooms 27
- Bathrooms 6
- Garage parking 5