About This Property

Good investment opportunity: 13 units and 4 shops. Profitable with 100% existing occupancy. Strike now and acquire this property before the general market starts to price in the "university" value, which is sure to raise the price. Even if the university does not go up any longer, you are still making money. 

A mix of 1 and 2-bedroom units with a bathroom, right in the middle of the CBD, a stone's throw from Checkers, around the corner from Boxer and many other shops. Schools are within walking distance, along with the taxi rank, less than 1 kilometer away. Very centrally located. 

Should you be in the market to invest, here is your investment.

 

Features

Year Built

1970

Property Type

Commercial

Listing Purpose

Sale

Municipal Rates

8973 Estimated Price

Occupation

On Transfer

Rooms

Bedrooms

2

Decent size

Bathrooms

1

Kitchen

1

Basic

Lounges

1

Amenities

  • Built in Cupboards
  • On Street Parking

Other Details

MPLS-11301

For Sale

R 6,400,000

991 m²

Our Agents

Co-Agent

Darren Fox

Darren Fox

Candidate Property Practitioner

Send Inquiry