New
- 60
- 45
- 3 400 m2
Monthly Costs
Monthly Bond Repayment ZAR .
Calculated over years at % with no deposit. Change Assumptions
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Mun. Rates & Taxes: ZAR 35000.00
Property description
Discover an exceptional property in the heart of the highly sought-after Essenwood area, now available for sale. This block boasts 45 units, complemented by 56 undercover parking spaces and expansive garden areas. Perfectly positioned, this property offers endless possibilities for its new owner. Whether you're looking to establish private residences, generate rental income, operate an Airbnb, or provide student accommodation, this versatile investment is a rare opportunity not to be missed.
45 units comprising of..
• 13 x 2-bedroom units
• 16 x 1-bedroom units
• 16 x bachelor units
• 56 undercover parkings
Occupancy Details:
• Current occupancy: 21 units
• Vacant units: 24 units
• ?plus one out building for supervisor
• By February, occupancy will decrease to 19 units due to the non-renewal of two leases
Property Details
- 60 Bedrooms
- 45 Bathrooms
Property Features
Bedrooms | 60 |
Bathrooms | 45 |
Erf Size | 3 400 m2 |
Contact the Agent
Caleb Churman
Full Status Property Practitioner