Business Zoned Income Producing Property Generating R508,800 P\A

MUST SELL!!!

Property Details:

The property consists of 13 separate apartments ranging in size:

• 3 × Apartments - Units 3,4,12 : Currently being rented @ R 2,500
• 3 × Apartments - Units 1,2,5 : Currently being rented @ R 3,200
• 5 × Apartments - Units 6,7,8,9,10 : Currently being rented @ R 3,500
• 1× Apartment - Unit 11 : Currently being rented @ R3,800
• 1 × Apartment - Unit 13 : Currently being rented @ R4,000

Total rental R42,400

All apartments are equipped with en-suite bathrooms and kitchens.

The property is situated in the heart of Rhodesfield close to all amenities and on route to public transport.

The property sits on a sizable 1071m² stand, which offers ample parking for all the tenants. The property is very secure with high perimeter walls and electric gates.

Auction Details:

Venue: 12 Commando Street, Rhodesfield

Date: 20 September 2022

Time: 12h30

Registration and viewing one hour prior to auction.

Alternatively register to bid online.

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