Investment Opportunity: 6 Units in Marlands, Germiston

Starting bid: R1800000,00

Item condition: New

Auction starts in:

Auction starts: June 27, 2024 12:00 pm

Auction ends: June 27, 2024 2:00 pm

Category:

Description

Online Auction Details:
Starting Bid: R1 800 000-00
Date: Thursday, 27 June 2024 from 12h00 to 14h00
Viewing: Sunday, 23 June 2024 from 12h00 to 14h00

This investment property is a prime opportunity, boasting six well-designed units.

Unit 1: Monthly Rental Income: R6 500-00
Two bedrooms, one bathroom. Features a kitchen and lounge area.

Unit 2: Monthly Rental Income: R6 500-00
Two bedrooms, one bathroom, and a separate toilet. Includes a kitchen, lounge, and entrance hall.

Unit 3: Monthly Rental Income: R5 500-00
Two bedrooms, one bathroom. Offers an open plan kitchen and lounge area.

Unit 4: Monthly Rental Income: R6 000-00
One bedroom, one bathroom. Features an open plan kitchen and lounge area.

Unit 5: Monthly Rental Income: R6 500-00
Two bedrooms, one bathroom. Offers an open plan kitchen and lounge area.

Unit 6: Monthly Rental Income: R6 000-00
Two bedrooms, one bathroom. Features an open plan kitchen and lounge area.

Total Gross Monthly Income: R37 000-00

Total covered parking: 9 spaces.

Security is a top priority for this property. It includes comprehensive measures such as burglar bars, electric fencing around the perimeter, and an electric gate, providing residents with peace of mind and a secure living environment.

This property is an excellent investment for those looking for a reliable income stream and long-term growth potential. Please note that this property is available for cash offers only, ensuring a swift and straightforward transaction.

This is a rare opportunity to secure a valuable investment property in a desirable location. Don’t miss out!

For more information or to arrange a viewing, please contact our agent.

Martin Nel – 082 771 7947 / martin@auction-all.com

Auction History

June 27, 2024 12:00 pmAuction starting