R 13 700 000
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3 Bed Townhouse in Annadale

3 2 2 855 m² 135 m²

Lovely 3 Bedroom Townhoused x 18

Commercial Property for Investment for a Lifetime

18 X 3 Bedroom Townhouses for Sale in Annadale

Opportunity:

Property Highlights: 18 Duplex 3-bedroom townhouses.m2 bathrooms in each unit. Spacious lounge and kitchen areas. Very generous loft space.

Dedicated car parking for residents

4 x Newly Upgraded Units: 4 units have recently been upgraded, ensuring modern and attractive living spaces. 15 units are currently under the lease agreement

Monthly rental income at the moment for 15 of the 18 units is R6500 per unit with a total monthly income of R97,500

All units are equipped with prepaid electricity and water meters, providing convenience for tenants and landlords.

Controlled access via a sliding gate with phone activationelectric fence for enhanced security.

The current lease agreements showcase the strong demand for quality living spaces in this area.

Enjoy a reliable monthly income stream from existing lease agreements. Four units have already been upgraded, adding immediate value to your investment.

Prepaid utilities offer hassle-free management for both you and your tenants.

Your investment is protected with a sliding gate and electric fence, ensuring peace of mind.

Situated in a prime location in Annadale, our townhouse complex is conveniently located near amenities like schools, shopping centers, etc, making it an attractive option for potential tenants. Sectional title register available

Property details

  • Listing number T4757567
  • Property type Townhouse
  • Listing date 21 Aug 2024
  • Land size 2 855 m²
  • Floor size 135 m²
  • Rates and taxes R 4 500

Property features

  • Bedrooms 3
  • Bathrooms 2
  • Lounges 1
  • Dining areas 1
  • Pet friendly
  • Security post

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