15 Apartments sold as a single investment | Gross annual income ± R 745K | Recent renovations undertaken | Along a high demand residential corridor
The building consists of 15 apartments varying from one and two bedrooms. The owner has recently reticulated the entire electrical component of the building and introduced prepaid electrical and water meters to each apartment. There is parking for 14 vehicles onsite. The owner is in the process of renovating some of the apartments and as such had to intentionally create vacancies to allow for the renovations. The demand for residential leases in the area is very strong as Bluff Road is a main thoroughfare to industries in the Jacobs, Rossburgh and the Durban Port zone.
Viewing: 20 October 2016 between 14h00 & 15h00
Carl Kleinhans
Show number
ckleinhans@in2assets.com
