R 480 000
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1 Bed Apartment in Tzaneen
1
1
1
1.2 ha
34 m²
EXCLUSIVE SOLE MANDATE!!!
Lovely bachelor''s unit available at Hotel Group, for investors!!
Spotless fully furnished bachelor''s unit with air conditioner, TV, stove, and fridge. Craw Daddy''s Restaurant with kiddies play area.
Rental Income of R3356.89, 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 T4612533
- Property type Apartment
- Erf size 1.2 ha
- Floor size 34 m²
- Rates and taxes R 1
Property features
- Bedrooms 1
- Bathrooms 1
- Covered Parkings 1
- Security Post
- Tv
- Furnished
- Aircon