Property Investment Opportunity (Tenanted Property for Sale)
Investment Opportunity to buy 6 Units inside a complex in Mansell Road Killarney Gardens. The units are all tenanted, which gives an investor a great opportunity to accumulate great cash flow from day 1 of purchase. High potential IRR available to an investor.
NB!!! Contact agent if you would like the rental amounts being achieved for each unit.
The area of each unit can be split into the following GLA: Unit 1: 249m² Unit 2: 256m² Unit 3: 234m² Unit 4: 238m² Unit 5: 238m² Unit 6: 267m²
There are 4 parking bays per unit. Sectional Title Plans have been approved, property also available as sectionalionalised units.
Milnerton is one of the oldest suburbs in Cape Town with a history dating back to 1902 when it formed part of a farm known as Janbiesjeskraal. Fast-forward to over 100 years later, it has become a powerhouse suburb with strong residential, commercial and industrial sectors. Today, Milnerton is a key player in the economy and an important component of long-term development and investment plans in the Mother...
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Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.