R 13 800 000 - 47 Bedroom Investment For Sale in Willows
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R 13 800 000 - 47 Bedroom Investment For Sale in Willows

One owner block of flats in Willows for sale .

Low Maintenance Face-brick block of flats
Not sectional titled, and this in itself makes this a Gem !!! .
There are 1 bachelor flat and 23 x 2 bedroom flats.
The income generated at a 100% occupancy should be R111696 p/m
Rates /taxes R6490.
Insurance R2496 .
Wages R1644.
Total R10630.
These properties are becoming a rarity and prove to be very valuable as an investment on the long run .
Nobody builds them anymore as the cost today and the rental income that can be made will not balance out .
This is why for a 100% no risk, investment buy this property we will do the rental for you and manage it on for you. Sit back enjoy your life while getting paid every month for doing nothing .
More info will be given once the Due diligence is required.

Plus Vat if applicable .

Property Features

Bedrooms  47
Bathrooms  24
Parking  24
Erf Size  1983 m²
Rates  R 6 490
Kitchen  
Toilet  
Built-in Cupboards  

Contact Agent

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Agents

Pieter Kriel +27 82 483 2953

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Estimated Monthly Repayments

R per month
Loan Term 20 years Interest Rate 8.25%