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R 5 000 000 Bond Calculator | Commercial Property for Sale in Athlone

Cape Town, Athlone

8
Erf Size: 558 m²

Lucrative Investment of a 8 two bedroom-apartment Commercial Building! Earn a steady and impressive return on investment

Discover a lucrative investment opportunity with our commercial building featuring 8 contemporary two-bedroom apartments. Each unit is meticulously maintained and equipped with its own prepaid electric and water meters, ensuring tenant autonomy and streamlined utility management. With a monthly income of R50,000, this commercial property promises a steady and impressive return on investment. Coupled with low maintenance costs, investors can enjoy consistent profitability while minimizing expenses.
Tenants will appreciate the modern amenities and conveniences offered, including designated laundry facilities within the building and on-site parking for added convenience.

This commercial building presents an ideal blend of modern living spaces, financial viability, and tenant satisfaction, making it an irresistible opportunity for discerning investors seeking both stability and growth in their portfolio.


Property Overview

Listing Number
113776117
Type of Property
Commercial Property
Availability Date
19 December 2024
Erf Size
558 m²
Rates and Taxes
R 1 300

Facilities

Bathrooms
8, In unit bathrooms
Kitchens
8

External Features

Parking
6, Secure parking, Tandem parking

Other Features

Security
1
Security 1
Burglar Bars
Nearby Public Transport
Bus, Minibus Taxi
Internet Access
Fibre
Wheelchair Accessible
Yes


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Gona Pillay
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