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 ref # 3480


R 1 600 000 (95 522 EUR*)

select a 2nd currency

± 1487 m2
± 450m2
R 755  / m

Unique Investment Opportunity

The property has been converted into 13 self- sufficient and separate bachelor flatlets for rental income purposes.

Each apartment has open plan lounge/ bedroom with a kitchenette and a bathroom with a shower.
Each unit has pre paid electricity and secure onsite parking.

The approximate gross income is R 36 000 PER MONTH or R 3000 per month per unit.
There is separate bachelor unit for the existing caretaker .

The property is centrally situated in Kew close to the highways and transport routes.

NOTE - the property is not zoned for its current usage and any potential purchaser would need to do local authority applications at their own cost. It would suit a CASH PURCHASE !

  • 13 x Self contained bachelor units
  • 12 x units currently let
  • Investment opportunity
Pet Friendly:  No

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