NEW
Web Ref RL1025
R8,250,000
Monthly Bond Repayment R82,366.34
Calculated over 20 years at 10.5% with no deposit.
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R1,800
R1,800
APARTMENT BLOCK FOR SALE – MARLBORO GARDENS - R8 250 000.00
APARTMENT BLOCK FOR SALE – MARLBORO GARDENS
Exceptional Investment Opportunity!
Asking Price: R8 250 000
Offers Welcome!
An outstanding income-generating property in the highly sought-after area of Marlboro Gardens. Situated in a high-demand rental market, this apartment block offers investors consistent returns and excellent growth potential. The property is fully tenanted, ensuring immediate income from day one, with strong demand from prospective tenants in the area.
Property Features:
8 Modern Apartments
Each unit consists of:
2 Spacious Bedrooms
2 Bathrooms
Main Bedroom with En-Suite Bathroom
Modern Finishes
Individual Prepaid Electricity Meters for All Units
Borehole Water Supply
Well-Maintained and Low-Maintenance Investment
Income & Expenses:
Rental Income: R8 500 per unit
Water Charge: R500 per unit
Total Monthly Rental Income: R68 000
Rates & Taxes: R1 800 per month
Electricity Rebates: Up to 90% Return
Investment Highlights:
Fully Tenanted – Immediate Return on Investment
Located in a High-Demand Rental Area
Consistent Demand from Prospective Tenants
Strong Monthly Cash Flow
Modern, Tenant-Friendly Apartments
Individual Prepaid Meters Reduce Management Costs
Borehole Water Supply Adds Value and Reliability
Excellent Long-Term Capital Growth Potential
Don't miss this rare opportunity to own a fully occupied apartment block with a proven rental income stream.
Price: R8 250 000 – Offers Welcome!
Secure a solid investment in a thriving rental market today!
Exceptional Investment Opportunity!
Asking Price: R8 250 000
Offers Welcome!
An outstanding income-generating property in the highly sought-after area of Marlboro Gardens. Situated in a high-demand rental market, this apartment block offers investors consistent returns and excellent growth potential. The property is fully tenanted, ensuring immediate income from day one, with strong demand from prospective tenants in the area.
Property Features:
8 Modern Apartments
Each unit consists of:
2 Spacious Bedrooms
2 Bathrooms
Main Bedroom with En-Suite Bathroom
Modern Finishes
Individual Prepaid Electricity Meters for All Units
Borehole Water Supply
Well-Maintained and Low-Maintenance Investment
Income & Expenses:
Rental Income: R8 500 per unit
Water Charge: R500 per unit
Total Monthly Rental Income: R68 000
Rates & Taxes: R1 800 per month
Electricity Rebates: Up to 90% Return
Investment Highlights:
Fully Tenanted – Immediate Return on Investment
Located in a High-Demand Rental Area
Consistent Demand from Prospective Tenants
Strong Monthly Cash Flow
Modern, Tenant-Friendly Apartments
Individual Prepaid Meters Reduce Management Costs
Borehole Water Supply Adds Value and Reliability
Excellent Long-Term Capital Growth Potential
Don't miss this rare opportunity to own a fully occupied apartment block with a proven rental income stream.
Price: R8 250 000 – Offers Welcome!
Secure a solid investment in a thriving rental market today!
Features
Pets Allowed
No
Interior
Bedrooms
16
Bathrooms
16
Kitchen
8
Reception Rooms
16
Furnished
No
Exterior
Security
No
Parkings
8
Pool
No
