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18 Bedroom Apartment Block For Sale in Springs Central

R5,215,000


Monthly Bond Repayment R55,614.31
Calculated over 20 years at 11.5% with no deposit.

Web Ref No RL6678

Investment Apartment-Block 18 Flats Fully Tenanted Flats in Springs CBD with Stable Rental Income

Position, Position, Position... Echoes of prime location resonate with this remarkable property situated in the heart of Springs CBD. Nestled within close proximity to all essential amenities including the train station, courts, SAP offices, hotels, schools, clinics, and mere minutes away from the bustling town center, this property offers unparalleled convenience and accessibility.
There are 10 x 1 bedroom Flats has potential to covert into 2 bedrooms

Property Overview:

18 x Flats that are Fully tenanted with stable rental income.
Rental Details
Monthly rental income confirmed, with leases in place.
Utility Charges
Electricity is charged separately based on individual flat usage, metered monthly.
Stable Investment as this property boasts consistent rental income streams and confirmed lease agreements, ensuring a stable return on investment.
Location Advantages
Transportation,Immediate access to the train station facilitates easy commuting.




Contact us today for more detailed financials and to arrange a viewing of this exceptional investment opportunity.

Features

Bedrooms 18
Bathrooms 15
Flatlet 18
Recep. Rooms 36
Dom. Accom. 6
Floor Size 1,200m²
Garages 8
Land Size 1,538m²
Carports/Parkings 11
Pets Allowed Yes
Monthly Rates R6,000.00
Extras

Accommodation
Burglar Bars
Bachelor Studio
Curtain Rails
On Street Parking
Built in Wardrobes
Street Front

Agent Contact Details

Lisinda Visser
Mandated Property Group

Cell 079 797 0197
Office (010) 1094750
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