Well Maintained Apartment Block in Lorentzville For Sale
Positioned along busy ascot road in Lorentzville, this apartment block produces an annual income of over R1 million at a yield of 21% at the purchase price of R4 750 000
Features: X 11 two bed units of 60m2, X 8 one bed units of 40m2, X 7 parking bays, tiled floors, burglar proofing security gates, palisade fencing, motor security gate, garden
Sadly, the tenants have stopped paying and this has become a problem
Features
0
0
Zoning:
Commercial
Exterior
Security
Yes
Sizes
Floor Size
1,000m²
Land Size
447m²
Extras
24 Hour Access • Accommodation • Bath Toiletand Basin • Built in Wardrobes • Burglar Bars • Courtyard • Curtain Rails • Dishwasher Connection • Driveway • Dual Living • Fenced • Fibre • Freestanding • Garden • Internet Port • Metropolitan • Multi Storey • On Street Parking • Oven & Hob • Paveway • Perimeter Wall • Residential • Secondfloorandabove • Secure Parking • Security Gate • Shared Living • Suburban • TV Antenna • TV Port • Telephone Port • Totally Walled • Washing Machine Connection
Johannesburg...Joburg...Jozi...The City of Gold. It's a city that goes by a variety of names, and which has won acclaim around the world for various factors. From the urban vibes of Johannesburg's CBD, which has undergone a major rejuvenation, to many other areas such as Sandton, which has evolved from dirt roads to Africa's richest square mile, Gauteng's biggest city has much to offer.
In the 130+ years since...
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