KEEPING YOUR FINGER ON THE PULSE OF THE PROPERTY MARKET

WEBREF: 7225

ENTIRE APARTMENT BLOCK, CONSISTING OF 6 X 2 BEDROOM APARTMENTS

3 Fontana Road, Brooklyn, Western Cape

Property Description

SOLD FOR R 4 066 100

DESCRIPTION:

• 6 x 2 Bedroom apartments, fully let.

• All the units have an open plan kitchen and lounge with granite counter tops.

• Two separate bedrooms.

• Bathroom with a shower and a toilet.

• Units measure approximately 65m² each.

• Aluminium window frames.

• Plenty of onsite parking.

• Outside walls plastered and painted.

• Large automated drive way gate for vehicle access.

• There is also a pedestrian gate with intercom access on the inside of the units.

• Current rental income of R358 800 per annum with lots of upside potential.

PROPERTY DETAILS:

• Erf 20122

• Erf size: 685m²

• Municipal Rates p.a. ± R11 471

• Current Rental Income p.a. ± R358 800

• Current Rental Expenses p.a. ± R50 224 (Rates Included)

• Zoning Status: General Residential 2 

Auction Venue

AUCTION VENUE

THE ONE & ONLY HOTEL, V&A WATERFRONT, CAPE TOWN

AUCTION TIME

27/09/2017

12h30

Property Location

Property Info

3 Fontana Road, Brooklyn, Western Cape

CONTACT AGENT

Anton Koegelenberg

0836315950

ENQUIRE NOW

ON SHOW DATES

Tuesday 19 September 2017, 12 - 2 pm

Thursday 21 September 2017, 12 - 2 pm