BUILDING CONTAINING 4 X APARTMENTS. LONG STANDING TENANTS.

STARTING BID AT R1 000 000
ONLINE TIMED AUCTION – 58 CHURCH STREET, TURFFONTEIN
END DATE & TIME: 29 MARCH 2025 @ 12H30

FABULOUS INVESTMENT OPPORTUNITY WITH UPSIDES.
GENERATING R182K P/A

4 x Apartments in the building.
Large apartments housing 2 bedrooms with built-in cupboards, separate lounge and sitting room, full separate kitchen and balcony which could easily be converted for more bedrooms for larger families, thus giving you more income.
Parking space allocated for tenants at the back of the building with a separate entrance.
There is a store room and a separate bathroom which could be converted to a separate cottage or a room for a caretaker.

Each unit is currently achieving a rental of R3 800 per month.
Total rental P/M = R15 200.
Total rental P/A = R182 400.

Long standing tenants that are willing to carry on with their rentals as they are very happy.