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R 7 900 000 (467 455 EUR*)

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8
8
4
± 595 m2
R 1800  / m

Property Features
Access Gate
Electric Fencing
Fence
Flatlet

Apartment Block for Sale Maitland

Meggar Property Brokers are pleased to present this great investment opportunity to Investors. Property is leased mainly to corporate companies , Students and short term contract lets.
2 Story block , Semi furnished
four x 3 bed apartments which sleeps 6 people
Two x 2 bed apartments which sleeps 5 people
Two x studio apartments which sleeps 2 people
Wendy house - 3 bedroom
Entertainment area

  • *Pre paid Electricity and water meters in apartments 1-6
  • hot water supply via general geyser
  • *Studio apartment + unit 7 -8 billed per usage - hot water
  • supply via gas geyser.
  • * Fingerprint reader with turnstile
  • * Electric Fencing
  • * +/- 4 parking bays
  • * Potential rental per bed is R 2200 pm x 38 beds
  • estimate monthly income = R 83 600


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