- 8
- 4
- 350 m2
- 1 428 m2
Monthly Costs
Monthly Bond Repayment ZAR .
Calculated over years at % with no deposit. Change Assumptions
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Mun. Rates & Taxes: ZAR 626.00
Property description
Situated in the suburban heart of Vredenburg, this expansive property offers an investment opportunity in the industrial hub of Vredenburg. .
Two houses and two bachelor flats are situated on this 1428 sqm erf. It provides for a substantial rental income. The two houses are each generating an income of about R8500 each and the batchelor flats of about R 5000 each. It can also be rezoned into a business area alongside other business in this sought after convenient address. Additionally for the renovation enthusiast itching to get a hold of this property, the assets are as follows:
House 1 - 4 rooms (bedrooms) of which one can be converted into a living area with a bathroom and kitchen.
House 2 - 3 bedrooms with a separate kitchen with built-in cupboards leading into an open plan lounge area with a large bathroom.
Bachelor flats - Each boast an open-plan bedroom with open plan lounge and a separate bathroom.
A gardening service is put in place to maintain this huge erf. There are two garages with ample off-street parking for residents and guests.
This property is ideal for the discerning investor looking for an opportunity to renovate and enter the industrial hub of Vredenburg.
Property Details
- 8 Bedrooms
- 4 Bathrooms
Property Features
| Bedrooms | 8 |
| Bathrooms | 4 |
| Floor Area | 350 m2 |
| Erf Size | 1 428 m2 |
