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2,681m² Apartment Block For Sale in Boston

R22,000,000

Web Ref No CL8543

Fully tenanted Block of Flats for Sale in Boston

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

Broker Contact Details

Cindy Venter
Century City, Cape Town

Cell 0836505729
Office (021) 555 2495
WhatsApp Me

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