335m² Apartment Block For Sale in La Hoff
R1,600,000
Web Ref
RNC917
Monthly Rates
R1,896.50
Small complex of flatlets for the young investor!
Looking to own your own little complex with a good and stable income? Seek no more, the property has been transformed into 7 individual flatlets, each with their own separate character and pre-paid electrical meters already installed. Current rental income generated is just over R22 000 per month.
Each unit has its own kitchenet, bathroom, living space and one shade net parking.
A communal area has been created for washing machines, should the tenant not want to keep it within the unit.
The pool area has been filled up, leaving potential space for and additional unit or two, thus leaving the potential for increasing investment.
Property has also been rezoned to Residential 2, complying with local Municipal bylaws.
Property is enclosed on all sides, pre-cast walling on three sides and palisade fencing with sliding gate at the front.
Each unit has its own kitchenet, bathroom, living space and one shade net parking.
A communal area has been created for washing machines, should the tenant not want to keep it within the unit.
The pool area has been filled up, leaving potential space for and additional unit or two, thus leaving the potential for increasing investment.
Property has also been rezoned to Residential 2, complying with local Municipal bylaws.
Property is enclosed on all sides, pre-cast walling on three sides and palisade fencing with sliding gate at the front.
Features
Zoning
Mixed Use
Title
Freehold
Exterior
Security
No
Parking Bays
Covered Parkings
7
Sizes
Floor Size
335m²
Land Size
1,338m²
Extras
Carport; Paveway; Totally Walled; Steel

Pierre Ludick
Principal Property Practitioner Registered with PPRA(FFC 2023222574)
Cell 076 261 1799
Office 076 261 1799