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R53,034,000

Investors!! 10.5% yield tenanted building

Newly converted and renovated apartment building with additional tenanted commercial space. With a 10.5% yield this is a great addition to a portfolio or to start a portfolio. 102 apartments tenanted. High demand area and falls with in the Social Housing restructuring zone.

Features

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Title:
Freehold
Zoning:
Mixed Use
Sizes
Floor Size
4,007m²
Land Size
2,078m²
Extras
Tenanted apartments and tenanted retail space. Renovation completed end of 2016. Additional income from signage and cell towers
 
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