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Commercial property for sale in Fochville

Fochville, Fochville

Web Ref: P24-100662497
  • Bedrooms
  • 40
  • Bathrooms
  • 20
  • Garages
  • 20
  • Parking
  • Garden
Erf Size: 8 030 m²
Investment!

Large 8030 sqm property with 20 townhouses, each measuring 97sqm.

Ten are Full-title and 10 sectional -title townhouses.
Each townhouse is spacious and consists of the following: 2 Bedrooms, 1 Bathroom, 1 kitchen with built-in cupboards, 1 open plan lounge and dining area and 1 lock-up garage. Each unit has a private garden and patio. The townhouses are joined wall to wall.

Each unit has it's own water and electricity meter. The seller wishes to sell the whole property with all townhouses.

The complex is enclosed by palisade fencing, recently repainted, and the owner repainted all the roofs. Very neat property and each unit has a tenant on a month-to-month basis. Each unit’s rental income is R3800 p/m with a 10% escalation each year. All units is leased out on a month to month basis.

This property offers ... true value as you can start earning rental income immediately from 20 units. Great investment opportunity!! Read More

Property Details

Type of Property
Commercial Property
Lifestyle
Complex, Security Complex, Shared Living
Erf Size
8 030 m²
Floor Size
2000m²
Rates and Taxes
R 5 000

Rooms

Bedroom
40
Bathroom
20
Kitchen
20
Other
1

Reception Rooms

Dining Room
1

External Features

Garage
20
Parking
20
Garden
1
Outbuilding
4

Building

Roof
Tile
Wall
Face-brick, Plaster
Window
Steel
Zoning
Freehold

General Features

Security
1
Security 1
Palicade Fencing
Totally Fenced, Security Gate, 24 Hour Access

Location

Street address is not disclosed
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Contact Agent

Jolinde Kruger

Mobile: 081 Show Number
Tel (w): 081 Show Number
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Bond Costs

R 76 933 p/m

Interest rate: 9.25%

Period: 20 years

Deposit: 0


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