2 Bed Simplex in Malelane

This is the ideal property for someone who wants to add to their Property Portfolio, or an investor who wants a neat property yielding a fixed income.

This property is situated in a quiet residential area of Malelane, and consists of 6 two bedroom apartments and two one bedroom apartments, built in cluster style in face brick with a tiled roof.

Currently there is no maintenance. Each unit is a ground floor unit, with a small patio and a private garden leading from the lounge and one lock up garage.

There are three lock up storage units that is used to store tools etc for the complex.

This is not a sectional title property, the complete property is listed and registered as a Freehold. No monthly levies is therefore payable, only rates and taxes which is only R2 692.41 plus then water and sewage.

Building plans and tenant registers will be supplied as well as an income statement.