Description
Online Auction – Double-Storey Property 4 x Apartments in Kenilworth
Online Auction Information:
Show Date – 29 March 2023 from 13h00 to 14h00
Auction Date – 04 April 2023 from 08h00 to 12h00 (4-hour Online Auction)
Starting Bid – R 700 000-00
The auction will take place on the Auction-All Webpage. Please register and send through your Fica documents.
The final Bid will be subject to confirmation by the Sellers.
Address: 193 Ferreira Street, Kenilworth, Johannesburg
Description:
- 4 x Apartments
- 8 x Bedrooms (2 x per Apartment)
- 4 x Bathrooms (1 x per Apartment)
- 4 x Kitchens (1 x per Apartment)
- 4 x Lounges (1 x per Apartment)
- 4 x Balconies (1 x per Apartment)
- 3 x Gardens (Bottom two apartments have private Gardens + Communal Garden)
- 4 x Garages
Building Size:
- Main Building Size – +-440 m²
- Garages Size = +- 160m²
- Apartment Unit Sizes = +- 85m² Each
Introducing a fantastic investment opportunity that is sure to generate impressive returns! This massive property comprises four comfortable apartments, each with two bedrooms, a well-equipped kitchen, a cozy living room, a bathroom with a bath and sink, and a separate toilet. Each apartment also features a private balcony, perfect for relaxing and taking in the fresh air.
Located in an area with high demand for rental properties, this property has the potential to generate a substantial cash flow through its rentability. The secure fencing surrounding the property ensures peace of mind for both residents and investors, and the four garages connected to the property provide ample parking space.
Two apartments are located on the top floor, while the other two are situated on the bottom floor and come with the added bonus of small, private gardens. A shared garden space at the back of the property provides a welcoming outdoor space for residents.
Investors looking for an affordable property that is poised to generate steady income need look no further than this outstanding opportunity. Don’t miss out on the chance to add this exceptional property to your investment portfolio!
