Block of 9 Flats for Sale in Selection Park 113253027
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Property Summary
Investor's Dream: Block of Flats in Selection Park with Potential Rental Income of R37,000 per Month
This block of flats in Selection Park is a fantastic investment opportunity, with the potential to generate R37,000 per month in rental income. Currently, the flats are rented out for R33,500 per month, but there is scope to increase the rent once the flats have been renovated.
The block consists of 7 two-bedroom duplex flats and 2 three-bedroom duplex flats. Each flat has its own lockup carport. The flats are situated close to Springs town and Springs Mall, making them convenient for tenants.
The flats are in need of some TLC, but they have the potential to be restored to their former glory. This is a great opportunity for an investor to add value to a property and generate a good rental income.
Call now to arrange a viewing!
Additional Features
- Potential rental income of R37,000 per month
- 7 two-bedroom duplex flats and 2 three-bedroom duplex flats
- 9 lockup carports
- Situated close to Springs town and Springs Mall
- Needs some TLC, but has the potential to be a great investment
Benefits to Investors
- High potential rental income
- Good location
- Opportunity to add value to the property
Full Details
2 Bedroom Duplex Flats
7 x 2 bedroom flats
3 Bedroom Duplex Flats
2 x 3 Bedroom Duplex Flats
Parking
9 Lock up carports
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