1 Bed Apartment in Umbilo

Calling investors......I have a client that is emigrating and selling his portfolio of properties, we have 20 units available.....Some are 2, 5 Bedroom around 79 square meters and the others are 1, 5 Bedroom units around 50 square meters. , no arrear rates, levies etc...Some are tenanted with well paying tenants...Rentals received are between 3n5K and 5,5K per month...No arrears on tenants not paying. We also have 1,5 bedroom units available at245 K negotiable.

All units are neatly painted throughout with inbuilt cupboards and fully tiled. All have pre paid water and electricity meters.

The block was in administration and has now been rehabilitated by the High Court and has its own Body Corporate and Managing Agent. Well run by an Attorney...Ashlyn Kandhai and Associates. The seller seeks a cash deal. Units may be sold individually or in bulk-prices are negotiable.

Secure ample parking on a first come first serve basis, protected by 24 hour Security, fully fenced and electric gated.

Viewing available to pre-screened candidates with proof of funds. NO AGENTS PLEASE!!!

PLEASE NOTE THAT THE MAIN BUILDING NEEDS ATTENTION, IT NEEDS PAINTING ALL ROUND, FURTHERMORE A NEW LIFT HAS BEEN INSTALLED, HOWEVER IT IS STILL NOT OPERATIONAL, THAT IS WHY THESE PROPERTIES ARE SELLING FOR SUCH LOW PRICES.

THESE PROPERTIES ARE SECTIONAL TITLE UNITS, YOU WILL GET A TITLE DEED ON REGISTRATION OF THE PROPERTY AT THE DEEDS OFFICE IN PIETERMARITZBURG!