Business opportunity for residential & business rentals
Great Block of fully tenanted flats, rooms and one shop, for sale
This magnificent building offers an excellent investment opportunity for savvy investors looking to build their rental income portfolio. The property is located in the heart of Riviersonderend, close to shops and other amenities and has great potential for anyone in the business venture.
This block of 8 flats & 9 rooms with a shop and a function hall on the ground floor, makes R49 100,00/month when fully rented and offers a good investment opportunity.
This property consists of:
On the ground floor:
4 X one bedroom flats with living room, kitchen, 1 bedroom with a bathroom with shower, basin and toilet.
1 X one-bedroom flat with kitchen, bedroom and bathroom.
2 X open plan bachelor units with living room, kitchen, bedroom and bathroom.
Shop with a spacious function hall.
On the second floor: 9 bedrooms that share 2 bathrooms and a kitchen.
There is also an open-plan bachelor flat with a bedroom, living area and bathroom.
The flat on the second floor as well as two of the flats below, have gas stoves.
Flats 1 – 5 below have gas geysers.
The owner has another business obligation which is the reason for the sale.
Call me now to arrange a viewing
This magnificent building offers an excellent investment opportunity for savvy investors looking to build their rental income portfolio. The property is located in the heart of Riviersonderend, close to shops and other amenities and has great potential for anyone in the business venture.
This block of 8 flats & 9 rooms with a shop and a function hall on the ground floor, makes R49 100,00/month when fully rented and offers a good investment opportunity.
This property consists of:
On the ground floor:
4 X one bedroom flats with living room, kitchen, 1 bedroom with a bathroom with shower, basin and toilet.
1 X one-bedroom flat with kitchen, bedroom and bathroom.
2 X open plan bachelor units with living room, kitchen, bedroom and bathroom.
Shop with a spacious function hall.
On the second floor: 9 bedrooms that share 2 bathrooms and a kitchen.
There is also an open-plan bachelor flat with a bedroom, living area and bathroom.
The flat on the second floor as well as two of the flats below, have gas stoves.
Flats 1 – 5 below have gas geysers.
The owner has another business obligation which is the reason for the sale.
Call me now to arrange a viewing
Features
Zoning
Sizes
Listing Info
Riviersonderend, Riviersonderend
- Street map
- Street view
- Amenities
- Schools
Filling Station
1.14 km - TotalEnergies - Main Road
1.18 km - Uc
1.21 km - Caltex
Hospital/Clinic
0.96 km - Riviersonderend Municipal Clinic
22.86 km - McGregor Clinic
Police Station
1.21 km - South African Police Service Riviersonderend Police Station
22.96 km - S A Police Services
22.99 km - South African Police Service Mcgregor Police Station
0.34 km - Riviersonderend High School
0.82 km - Riviersonderend Primary
0.97 km - Sonderentjies Pre Primary School
15.82 km - Buffelskloof Sskv Primary School
18.52 km - Klipdale Ek Primary School
21.61 km - Weltevrede Ngk Primary School
22.71 km - Mcgregor Primary School
23.04 km - Mc Gregor Waldorf School
23.13 km - Mcgregor Wisdom School
8.92 km - Bloemenhof Ngk Primary School
Average sold property price in Riviersonderend
Freehold
Sectional Scheme
Vacant Land
Freehold
R1,537,905
50.0%
Average price
10
50.0%
Transfers
Sectional Title
R
0%
Average price
0
0%
Transfers
Estate
R
0%
Average price
0
0%
Transfers
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Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
Disclaimer
While every effort will be made to ensure that the information contained within the Harcourts South Africa website is accurate and up to date, Harcourts South Africa makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
