Claremart

KEEPING YOUR FINGER ON THE PULSE OF THE PROPERTY MARKET

WEBREF: 7029

TENANTED BLOCK OF 8 FLATS- RUGBY WITH UPSIDE POTENTIAL.

17 SANTOS STREET, RUGBY

Property Description

SOLD FOR R 5 626 500

DESCRIPTION:

  • 8 Tenanted (+- 55m²)  apartments
  • 8 Garages which could be converted into 4 x (55m²)apartments OR 8 Bachelor Units
  • Ample parking, Fully secured and well managed block
  • PROPERTY NOT SECTIONALISED OFFERING MASSIVE POTENTIAL TO BUYER  AND TO ADD BULK.

CRURRENT GROSS INCOME OFR524,760 p/a plus potential (R360,000 p/a) for  8 x extra Bachelors @ R3750 each adding total income to R884,000 per annum

 

 

DETAILS:

  • Erf no: 19096
  • Erf size: 864m²

Auction Venue

AUCTION VENUE

Hellenic Club, 24 Bay Road, Mouille Point

AUCTION TIME

29/05/2019

12h30

Property Location

Property Info

17 SANTOS STREET, RUGBY

CONTACT AGENT

Sanjeev Boyjoonauth

0712239552

ENQUIRE NOW

ON SHOW DATES

Saturday 18 May 2019, 2 - 5 pm

Saturday 25 May 2019, 2 - 5 pm