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R 9 250 000 (542 521 EUR*)

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± 3957 m2
± 8306m2

Located on Windsor West, Gauteng. With easy access to busy main road on Beyers

Naude is a walk away from Cresta Shopping Centre

and schools in the area. Easy access to N1 Western Bypass, and surrounding suburbs.

In its entirety, the complex comprises of 16 Three Bed Units & 16 Bachelor units. Each bachelor being

attached to 3 bed units. Originally these self-enclosed bachelors were domestic quarters. On sale we have

14 Duplex Three Bed Units & 14 Bachelor Units.

Zoned Res 4 and with extra space for further development this is an excellent investment prospect.

16 Lock-up garages, 1 per 3-bed section. Plus 3 rooms for caretakers. With parking relaxation and

some creative reconfigurations a higher yield is achievable.

Transfer fees are non-applicable, due to it being sectional title. 14 Three Beds + 14 Bachelors are

available for purchase.

Features

14 Garages

14 Duplex Three Bed units with large garden areas - sizes 134 m²

14 Bachelor units - size 28 m2

Mother Erf stand size 3957 m²

Height 2 Storeys

Zoned Res 4

Gross Income R 119.000.00 p.m.

Monthly Rates: 205.50 p.m. (for all 14 Three bed sections)

Caretaker R 4500.00 p.m.*

Management R 7140.00 p.m.

Levies R 0.00 N/A

Excellent opportunity to unlock upside



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