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11 Bedroom House For Sale in King Williams Town

8 Patricia Place, King Williams Town, Eastern Cape, South Africa
R 1500000
RunningCosts Bond
Costs
Property Type House
Erf Size 1532 m2
Levies R 0
Listing Date February 25, 2025
Floor Size NA
Rates and Taxes R 3000
Details
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Property description

This sale is Subject to Confirmation by the parties involved

8 Patricia Place, King Williams Town, Eastern Cape, South Africa
Rates & taxes incl water: Approx R3 000pm
ERF Size: 1532 m²

Investment opportunity in the heart of King Williams Town

8 individual units: 3 x two bedroom units and 5 x 1 bedroom units
Each unit includes a kitchen, bathroom, living area, and either 1 or 2 bedrooms
Swimming pool
Secure, well-located, well maintained and in demand
Combined rental income of approx R40 000 per month

7 of the 8 units are currently occupied. The seller resides in 1 of the units.
Tenants are on a month to month lease

A 10% deposit and 5% auctioneers fee (plus VAT on fee) is due and payable by the highest bidder once bidding has closed.

  • Pool
  • Flatlet
  • Security Features
  • Pets Allowed

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