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Results for horse stables in "horse stables" in Commercial & Residential Property for Sale & Rent in Western Cape in Western Cape
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FOR
SALE:
AN
INVESTOR'S DREAM PROPERTY :
PRICE
REDUCED FROM R 3 200 000.00 TO R 2 800 000.00
With
an initial investment of R 507 344.00 to secure this property, the
investor would achieve an annualised gross value yield of 112% and an
annualised net value yield of 23%.
Hardly
ever does a unique investment property such as this one come onto the
market, offering 4 spacious rental flats located in a tranquil
cul-de-sac, a mere 300 meters from the Kuils River Central Business
District.
This
property offers a discerning investor a current monthly rental income
of R32,557.00, which translates to an annual rental income of
R386,684.00. In 2026, the monthly rental income will increase to R 35 704.00, which translates to an annual rental income of R 424 454.00.
The property is currently fully let with financially stable long-term
tenants.
The
4 flats on this property come with the following facilities and
layout.
Unit
1 – 2 x Bedroom, Kitchen, Lounge, Full bathroom. 1 x Exclusive use
outdoor area which is perfect for the keeping of pets -
Unit
2–2 x Bedroom, Kitchen, Lounge, Full bathroom.
Unit
3–1 x Bedroom, Kitchen, Lounge, Full Bathroom, 1 x Exclusive use
outdoor area which is perfect for the keeping of pets.
Unit
4–3 x Bedroom, Kitchen, Lounge, Dining Area, Full Bathroom, Guest
Bathroom, 2 x Exclusive use outdoor areas which are perfect for
keeping pets.
All
the units boast the following infrastructure elements:
Each
unit has its own electricity sub-distribution board.
A
prepaid water meter is installed in each unit.
A
pre-paid electricity meter is installed in each unit.
Each
unit has its own private entrance.
Each
unit has its own dedicated washing lines.
All
bedrooms have built-in cupboards installed.
All
bedrooms have laminated floors installed.
All
rooms have curtain rods installed on all windows.
Each
unit has its own Geyser installed.
All
entrances have modern awnings installed.
All
kitchens have built-in cupboards.
All
kitchens have stoves installed.
In
addition, the property comes with:
8
secured parking areas behind 3 sets of sliding gates that can be
opened individually
This
property presents an opportunity for multi-use in the future as
either a guest house / Airbnb or a day care and after-care
center, or for student housing in view of its proximity to the
Kuilsriver CBD or as a business premise such as offices or a Medical
Practice.
Whether
you're looking to expand your investment portfolio or capitalise on
the high demand for shared housing, this property is an excellent
opportunity to bring into your portfolio. Its prime location and
unique features render itself a must-see for any investor.
A
detailed property information spreadsheet will be emailed on request:
Submit email request to josephbruintjies@gmail.com or WhatsApp 082
499 8518.
Property
is sold exclusively by the owner. Regrettably no Estate Agents.
.
15d
VERIFIED
25
Beautiful Apartment... Garage and Parking... Lot`s of Extra`s... Inverter System !!! This two bedroom apartment is in extremely neat condition and all that you may need like beautiful blinds, air conditioners, security doors, and additional finishes to the kitchen and bathrooms, are already installed. Spacious open plan living area with a large balcony that offer amazing and unrestricted ocean and mountain views. Built in braai that can be closed with wooden stable doors when not in use. This is a corner unit that has more privacy and the apartment is light and sunny inside and almost north facing. The big bonus for this apartment is the single garage as well as a covered parking space in front of the garage that are included in the asking price. There is absolutely nothing to be done to this apartment, meaning you will save additional costs and this very beautiful apartment also comes fitted with an inverter system meaning you will be free from load shedding. This apartment is currently the best buy in this very popular complex and for more information or to arrange a private viewing please contact me for prompt and friendly service.Rates And Taxes: 874Levies: 2122Property Reference #: 115884419Agent Details:Casper CoetseeCPC Eiendomme / Real EstateMossel Bay, Western Province, 6506
5mo
CPC Eiendomme / Real Estate
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