This block consists of 4 spacious apartments measuring ±120m2 each, each of which have 4 bedrooms, 2 bathrooms, an open plan kitchen/lounge as well as a balcony. The Kitchens are well equipped with a stove, washing machine, fridge, toaster and kettle. The building is secure with electric fencing, smart locks for all locks with a tap-and-go system and a smart App alarm system through ADT which is run off your phone.
The building has fibre and there is a Communal braai area as well parking for 8 vehicles.
* Fully tenanted, and with full Turnkey management in place which covers everything from cleaning, security, pest control, gardening, insurance, wifi etc. it take the stress off the the Landlord as everything is taken care of for you! * Rental Income of ±R100,000 per month * Utilities billed in arrears to tenants (as per below) * Pre-paid electricity meters in each unit - though Electricity is loaded by the managing agents to ensure constant supply * One water meter for the building - water loaded by managing agents to ensure constant supply * UCT Accredited Accommodation * 90m away from the Jammie shuttle to UCT * ±550m away from UCT
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Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.
