2,578m² Apartment Block Sold in Southernwood

R14,995,000

12 SS MEAD MANSIONS

Web Ref No SIC295

Southernwood Apartment Block.

Investment opportunity in Southernwood. Well maintained apartment block comprising:
- 18 x 2 bedroom units
- 3 x 1 bedroom units
- Underground parking for 40 cars and 1 garage

Sectional Title register opened. Secure block with remote access and palisade fencing. All flats have prepaid electricity and water meters. Monthly rental income R 153 240, Rates R 12 770, Sewerage R 6 581, Fire & Refuse R 8 033.

Features

Zoning Commercial
Monthly Rates R12,770.00pm Excl. VAT
Floor Size 2,578m²
Land Size 2,024m²

Broker Contact Details

Lofty Nel
Principal Property Practitioner
Registered with PPRA
(FFC 202 322 370 1)

Cell 082 774 5417
Office (043) 7260111
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