Ideal investment, fully tenanted small residential building for sale in Bulwer
An excellent investment. 100% tenancy on short term leases. 3 floor building in good condition offers: Ground floor - retail shops with ablutions - current tenant has been there for 20 years plus Ground floor - 26 rooms of varied sizes and one bachelor flat accomodating 39 tenants First and second Floors - 10 varied sized flats accommodating 27 people per floor total building accommodates 93 tenants and there is a room for the caretaker. rates = R8825,25 There are 20 parking within the grounds Each flat has its own kitchen and bathroom Ground floor rooms have several shared kitchens, toilets and showers Building is well managed and fully tenanted making it an excellent investment. Caretaker lives on the property. Flats have separate meters. Building comprises of 11 sectional title units owned by one owner No levies.
Features
Open Parkings 20
Zoning Commercial
Monthly Rates R8,825.25pm Excl. VAT
Floor Size 1,336m²
Land Size 1,187m²
Security Yes