R 3 050 000
± 397 m2
Investment Opportunity Kensington
This property offers raw potential for the proper investor looking to get into this market.
- Conveniently located within walking distance to Century City railway station this GB1 zoned property
- Consisting of 3 x 2 bedroom apartment , a bachelor apartment and general store with living space and bathroom.
- Each unit has its own prepaid electricity and water metres
- The accommodation is as follows:-
- UNIT 1 R11 979 pm : A retail shop with store room two bedrooms and a bathroom and enclosed court yard.
- UNIT 2 R5000pm : A 2 bedroom flat, bathroom, kitchen , lounge plus large balcony.
- UNIT 3 R4,840pm : A 2 bedrooms, bathroom, open plan kitchen and lounge.
- UNIT 4 R6600pm : A 2 bedrooms, bathroom, open plan kitchen and lounge.
- UNIT 5 R4,400pm : A studio apartment with open plan kitchen and bathroom.
- Total rental income R 32,000.00