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R6,500,000

R6,500,000

24 Bedroom Apartment Block For Sale in Bluff
24
Bedrooms
12
Bathrooms
1
Garages
Exclusive Mandate
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Be the Proud Owner of a 12 unit Apartment Block on The Bluff

Web Ref. RL953180
Land size 1010.00 m²
Monthly Bond Repayment
R67,092.24
The opportunities are endless with this Share Block Property. There are 12 x 2 bedroom apartments. Either renovate the 12 apartments and create a lifetime of rental income or open a sectional title register and sell off individual apartments.
Each apartment consists of 2 bedrooms, and enclosed balcony. The apartments need an upgrade but once done, great rental or sale prices can be achieved!!! Transfer duty is payable on this transaction as the Seller is not a vat vendor. This block is situated in Channel View Road where demand for rental and purchase of property is strong. The Bonus of this investment opportunity is the large garden area that could incorporate more parkings to compliment the undercover parkings.
Monthly Rates R7,748.29

Features

Interior
24 Bedrooms
12 Bathrooms
12 Kitchens
12 Lounges
Exterior
1 Garage
12 Parkings
Sizes
Land Size 1,010 m²
Additional Amenities
Built in Wardrobes
Bath, Toilet and Basin
Complex
Visitors Parking
Level Road
Listing Info
Date Listed 15-07-24
Time Listed 09:37

Bluff, Durban

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