R 600 000
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1 Bed Apartment in Tzaneen
1
1
1
1.2 ha
49 m²
EXCLUSIVE SOLE MANDATE!!!
Lovely loft unit available at a hotel group, for investors only!!
Spotless, fully furnished loft unit with airconditioner, TV, stove and fridge. Crawdaddy''s Restaurant with kiddies play area.
Rental income of R4159.86. The hotel group has an 8-year lease agreement with a further 10-year option. The rent is managed by the hotel group and escalates by 5% per year.
No levy or rates and taxes are payable.
8% Return on investment
Great investment opportunity, not to be missed!!
Property details
- Listing number T4705285
- Property type Apartment
- Listing date 10 Jul 2024
- Land size 1.2 ha
- Floor size 49 m²
- Rates and taxes R 1
Property features
- Bedrooms 1
- Bathrooms 1
- Lounges 1
- Covered parking 1
- Pet friendly
- Balcony
- Security post
- Tv
- Aircon