R 6 660 000
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11 Bed Apartment in Moseley

11 6 2 3 038 m²

6 UNIT COMPLEX FOR SALE IN QUEENSBURGH....

This neatly maintained fully fenced 6 unit complex is well located in the heart of Queensburgh close to the M7 & N2. It is also in close proximity to SAPS, Metro Police, Medical & Shopping Centres, Primary Schools and Tertiary institutions.

These spacious units are fitted with built in cupboards, porcelain tiles, granite tops, hob and undercounter oven, security gates, etc. The complex boasts a communal swimming pool, perimeter fencing, tarmac driveways, individual garage, aluminium windows, and a neatly maintained garden with ample parking.

The units are not being sold individually although the sectional plans have been approved. The current monthly rental income from the units are : Unit 1 : Office : R8000 / Unit 2 : 3 bedroom house : R11000 /

Unit 3 : 1 bedroom : R5000 / Unit 4 : 3 bedroom with double garage : R12000 / Units 5 and 6 are 2 bedroom each at R7500 each (total R15000). The total income is R51000 per month and are below the current market rates. This is an ideal buy for an investor wishing to enter into the lucrative rental market or add to the stock of an already avid buyer.

To view this fabulous development contact Ronnie Veeran now....

Property details

  • Listing number T4558207
  • Property type Apartment
  • Listing date 13 Mar 2024
  • Land size 3 038 m²

Property features

  • Bedrooms 11
  • Bathrooms 6
  • Lounges 6
  • Dining areas 6
  • Garage parking 2
  • Access gate
  • Balcony
  • Built in cupboards
  • Fenced
  • Pool
  • Satellite
  • Kitchen
  • Garden

Photo gallery