BLOCK OF FLATS FOR SALE
7 x 1 BED UNITS - 6 TENANTED
1 x BEDSITTER - TENANTED
MUNICIPAL VALUE - R 3 210 000 - 2021 valuation
RENTAL INCOME - R 30 000
Rental income is soft as rent has not been increased since Covid
ELECTRICITY - Pre-paid system
WATER & SEWERAGE - Recovered from tenants
PARKING - The building does not offer parking but tenants are able to find locally
NOTE - The photoghraphs show the building exterior and the rooms of a typical unit.
