Apartment for sale in South Crest - 14 bedroom 13530238

For Sale
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Apartment, South Crest, Alberton | Ref: 13530238 - (2440247 )

Block of Flats, Calling all investors and or supermarket owners

This prime, prime spot is up for grabs, a block of flats consisting of 14 flats all 2-bedroom units, they are rented out for R4000 p/m each. a previously running business SPAR SUPERMARKET downstairs which is vacant presently but fully equipped and ready to begin trading again, this shop was rented out for R120000.00 p/m, another small shop on the side of the building which is currently rented out to a hairdresser. The basement has parking space for 14 cars which is lockable. The building is built on a 2233sq stand in a very busy road leading in and out of ALBERTON.

A CELL C tower is currently on the property and a MTN tower has been approved as well , generating a return of R20000.00 p/m.
Plans for extra 12 flats have been approved and the slab has been laid but new owner will have to complete the project.

Your private notes:
Need to be lgged in to use this feature

Features

  • 9,700.00
  • 2,133.00
  • Yes
  • Yes
  • Map of Area

Oscar Aleixo

Apartment for sale in South Crest - 14 bedroom, Oscar Aleixo
Office: 011... 0114323390 Show Numbers
Cell: 083... 0833579416 Show Numbers
Email: ... Oscar Aleixo Show Email
Fax:
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Allegiance JHB South

Office: (01... (011) 432-3390 Show Numbers
Fax: 011 432 2399

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