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Description

GOOD RETURN ON INVESTMENT OPPORTUNITY (±17%)

Modest Residential Building situated conveniently in the CBD of Springs.

Consisting of :

42 x 1 Bedroom Apartments

10 x Single Bachelor Rooms

Good Tenancy with long-term Tenants.

Potential for Retail Shops on Street front

Good Income Generator with Good ROI with potential for Growth due to low current Rentals.

Popular Area for Residential Accommodation as it is located conveniently close to Public Transport, Shops and Employment Opportunities

Converted from Offices and passed through council in 2013.

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Details

Updated on January 19, 2021 at 12:20 pm

  • Reference #: 1302661
  • Price: R4,950,000
  • Suburb / Town: Springs
  • Property Type: Business
  • Stand Size: 930.0 m²
  • Rates & Taxes: R 3200

Additional Features

  • Mandate Price:total gross price
  • Floors:3
  • Grade:C

    Address

    73 2nd Street

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