Monthly Bond Repayment R143,748.07
Calculated over 20 years at 11.25% with no deposit.
Web Ref No RNR19067
Lovely 3 Bedroom Townhoused x 18
Commercial Property for Investment for a Lifetime
18 X 3 Bedroom Townhouses for Sale in Annadale
Opportunity:
Property Highlights: 18 Duplex 3-bedroom townhouses.m2 bathrooms in each unit. Spacious lounge and kitchen areas. Very generous loft space.
Dedicated car parking for residents
4 x Newly Upgraded Units: 4 units have recently been upgraded, ensuring modern and attractive living spaces. 15 units are currently under the lease agreement
Monthly rental income at the moment for 15 of the 18 units is R6500 per unit with a total monthly income of R97,500
All units are equipped with prepaid electricity and water meters, providing convenience for tenants and landlords.
Controlled access via a sliding gate with phone activation—electric fence for enhanced security.
The current lease agreements showcase the strong demand for quality living spaces in this area.
Enjoy a reliable monthly income stream from existing lease agreements. Four units have already been upgraded, adding immediate value to your investment.
Prepaid utilities offer hassle-free management for both you and your tenants.
Your investment is protected with a sliding gate and electric fence, ensuring peace of mind.
Situated in a prime location in Annadale, our townhouse complex is conveniently located near amenities like schools, shopping centers, etc, making it an attractive option for potential tenants. "Sectional title register available"