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2 Blocks of 4 townhouses (2 of which have 3 bedrooms) on each side, in a tranquil street, in a well-wooded suburb of Silverton, on the east side of Silverton High School.
6 x 2 Bedroom (98m²) @ R5 700 = R 34 000
2 x 3 Bedroom (119m²) @ R6 200 = R 12 400
Total monthly rent income = R46 400
There are 16 garages, in the middle. Every complex has a well-maintained garden with large trees.
Well situated within walking distance to several supermarkets, Silverton High School, a municipal bus stop, major traffic routes, as well as other amenities. Each unit has its own water and electricity meter, as well as a solar geyser. The entrance gate to the property is remotely controlled. There is also a borehole on the property.
No levies at the moment. Rates are [hidden] per month for 2 bedrooms and [hidden] per month for 3 bedrooms.
Water & Electricity (Total) = R12 983
Total Monthly Expenses = R16 404
Garden maintenance = R2 400
Confidential information (financial reports, Rules and Regulations of the complex, etc.) is available to serious buyers after signing the Confidentiality and Non-Disclosure Agreement.
This is a promising investment opportunity, and the complex is in excellent condition. Viewings are available by a