R4,995,000

R4,995,000

812m² Apartment Block For Sale in Pinelands
Open
Sole Mandate
Print

Investment Opportunity: Block of Flats with Retail – Pinelands, Pinetown

Web Ref. WCL389
Land size 1326.00 m²
Floor size 812.00 m²
Monthly Bond Repayment
R44,760.25
An excellent opportunity for investors to acquire a fully occupied, income-generating property in the well-positioned suburb of Pinelands. This block comprises a mix of residential apartments and retail units, offering diversified rental income.

Property Features:
• 9 x Apartments and 3 x Shops
• Fully tenanted – immediate return on investment
Apartment Breakdown:
• 3 x 3-Bedroom Units
• 3 x 2-Bedroom Units
• 3 x 1-Bedroom Units
Retail Component:
• 3 x Shops (all occupied)
Utilities:
• Property is on post-paid water and electricity
• All tenants are on prepaid water and electricity systems
Additional Information:
• Floor plans available
This block offers stable rental income with a strong tenant base already in place. Ideal for investors looking to expand their portfolio with a multi-unit residential and retail asset.

For more information or to arrange a viewing, please get in touch.
Monthly Rates R1,922

Features

Zoning
Commercial
Interior
9 Kitchens
12 Bathrooms
Sizes
Land Size 1,326 m²
Floor Size 812 m²
Parking Bays
14 Open Parkings

Disclaimer

While every effort will be made to ensure that the information contained within the Wakefields website is accurate and up to date, Wakefields makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.