R 800 000
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2 Bed Apartment in Tzaneen
2
1
1
1.2 ha
69 m²
EXCLUSIVE SOLE MANDATE!!!
Spotless fully furnished 2 bedroom unit with air conditioner, TV, stove, and fridge. Craw Daddy''s Restaurant with kiddies play area.
Rental Income of R5 091-25, existing tenants have an 8-year lease agreement with a further 10-year option. The rent is managed by the Hotel Group and escalates by 5% yearly.
No levies or rates and taxes are payable.
8% RETURN ON INVESTMENT!!
Great investment opportunity is not to be missed!
Property details
- Listing number T4451963
- Property type Apartment
- Erf size 1.2 ha
- Floor size 69 m²
- Rates and taxes R 1
Property features
- Bedrooms 2
- Bathrooms 1
- Lounges 1
- Covered Parkings 1
- Patio
- Study
- Tv
- Furnished
- Aircon