INVESTMENT OPPORTUNITY WITH GREAT CAP RATE! NO VAT APPLICABLE!
Presenting a unique investment opportunity on Voortrekker Road. A block of flats featuring 47 sections, ideal for maximizing rental income. This well-maintained property includes 31 flats, each equipped with pre-paid meters for convenient utility management. The flats are a combination of studio, 1 bed and 2 bed apartments. The building also offers 12 secure garages and 4 versatile storerooms. Located in the Boston area, this property ensures easy access to local amenities, schools, hospitals and public transport, making it highly attractive to tenants. With a solid rental history and strong demand in the area, this block of flats represents a promising investment for those looking to expand their portfolio.
Please contact me for more information and to arrange a viewing.
Features
Building Name Bergsig
Zoning Commercial
Basement Parking 12
Monthly Rates R6,800.00pm Excl. VAT
Monthly Levy R1.00pm Excl. VAT
Floor Size 2,681m²
Land Size 1,784m²