Back

26 Bedroom Apartment For Sale in East London

East London
R 6995000
RunningCosts Bond
Costs
Property Type Apartment
Erf Size 1366 m2
Levies R 0
Listing Date April 24, 2024
Floor Size NA
Rates and Taxes R 0
Details
Map
Street view
Local info

Property description

Excellently located on a road in the corner of Oxford Street, walking distance to Pick and Pay, Medical centers, Pharmacies, Eateries and all conveniences, this is an ideal block to invest in, be it for student accommodation or for young professionals employed in the Buffalo City. This well managed and well maintained block comprises of 10 Flats of various sizes as follows:

6 x 2 bedroom units, each with full bathroom, open plan kitchen, lounge and dining
3 X 3 bedroom units each with full bathroom, open plan kitchen, Lounge and dining
2 x 1 Bedroom unit with bathroom, open plan kitchen and lounge

The block is always let at 80% -100% with its location being in demand. At full capacity the flats generate an approximate income of R 73 000 with potential for more depending on how one reconfigures tenant living.

DO NOT MISS OUT ON OWNING THIS PROME PIECE OF EAST LONDON.

Call me to arrange a viewing.

  • Staff Accommodation
  • Sectional Title
  • Security Features
  • Flooring: Tiles
  • Fully Fenced

Request property details from Vartrust - Head Office

Terms of use
Type of enquiry
Phone Agent
Message Agent