R13,695,000
R13,695,000
54
Bedrooms
36
Bathrooms
Tracy Du Bruyn
Investment Opportunity: 18 x 3-Bedroom Townhouses in Annadale
Secure a lucrative investment with this exceptional offering of 18 duplex 3-bedroom townhouses, each featuring 2 bathrooms. This well-maintained complex in Annadale is ideal for investors seeking reliable income and long-term value.
Property Highlights:
-Unit Details: Each townhouse includes spacious lounge and kitchen areas, plus generous loft space.
- Parking: Dedicated car parking for residents.
- Upgrades: 4 units recently upgraded, offering modern and appealing living spaces.
- Lease Information: 14 out of 18 units currently leased, generating a monthly rental income of R91,000 (R6,500 per unit). With a potential monthly income of R117 000.00 once all the units are rented out.
Investment Benefits:
- Stable Income: Enjoy a steady income stream from the existing lease agreements.
- Upgraded Units: Immediate value added with 4 recently upgraded units.
- Prepaid Utilities: Individual Prepaid electricity and water meters simplify management for both tenants and landlord.
- Enhanced Security: Controlled access with a sliding, electric fence with phone activation.
- Prime Location: Situated in a sought-after area of Annadale, close to schools, shopping centers, and other amenities.
Additional Details:
- Sectional Title: Sectional title register available for your review.
- Future Potential: Benefit from the high demand for quality rental properties in this location.
Why Invest?
This property offers a solid investment with immediate income and security, making it an attractive option for those looking to capitalize on a well-located and professionally managed residential complex.
Contact us today to explore this exciting investment opportunity further!
• 18 units for rental
• Individual Pre-paid water and Electricity
• 2855sqm
• Secure complex
Property Highlights:
-Unit Details: Each townhouse includes spacious lounge and kitchen areas, plus generous loft space.
- Parking: Dedicated car parking for residents.
- Upgrades: 4 units recently upgraded, offering modern and appealing living spaces.
- Lease Information: 14 out of 18 units currently leased, generating a monthly rental income of R91,000 (R6,500 per unit). With a potential monthly income of R117 000.00 once all the units are rented out.
Investment Benefits:
- Stable Income: Enjoy a steady income stream from the existing lease agreements.
- Upgraded Units: Immediate value added with 4 recently upgraded units.
- Prepaid Utilities: Individual Prepaid electricity and water meters simplify management for both tenants and landlord.
- Enhanced Security: Controlled access with a sliding, electric fence with phone activation.
- Prime Location: Situated in a sought-after area of Annadale, close to schools, shopping centers, and other amenities.
Additional Details:
- Sectional Title: Sectional title register available for your review.
- Future Potential: Benefit from the high demand for quality rental properties in this location.
Why Invest?
This property offers a solid investment with immediate income and security, making it an attractive option for those looking to capitalize on a well-located and professionally managed residential complex.
Contact us today to explore this exciting investment opportunity further!
• 18 units for rental
• Individual Pre-paid water and Electricity
• 2855sqm
• Secure complex
Monthly Rates
R5,800
Features
Interior
Exterior
Sizes
Additional Amenities
Listing Info
Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
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Disclaimer
While every effort will be made to ensure that the information contained within the Century 21 South Africa website is accurate and up to date, Century 21 South Africa makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
