66 Bedroom Apartment For Sale in Bluff

Property description

This sale is Subject to Confirmation by the parties involved
Erf 597 Bluff
Extent 1913m2
Rates approximately R10 446 per month
Current rental income R1 577 400 per annum
Vattable transaction
Entire 33 unit apartment block
All apartments are 2 bedroom units
Huge upside potential as only 25 of the 33 units are currently tenanted
All the units are tenanted on a month to month
2 Parking garages
Prepaid electricity and water
10% Deposit as well as a Buyers Commission of 5% (plus VAT) will be applicable
Please note: All legal documents can be viewed by clicking on the 'Legals' tab above, in order for you to carry out due diligence in relation to the property. By doing so, this will also then ensure that you are continuously updated regarding any pricing changes on the property before the auction.