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2 Bedroom Apartment For Sale in Blouberg

Blouberg, Cape Town
R 5320000
RunningCosts Bond
Costs
Property Type Apartment
Erf Size NA
Levies R 0
Listing Date November 11, 2024
Floor Size 64 m2
Rates and Taxes R 0
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Property description

Exceptional Investment Opportunity: Fully Leased 5-Unit Apartment Block just off Sandown Road in Blouberg
High Tenant Demand
Discover a premier investment opportunity with this fully leased apartment block, comprising six modern 2-bedroom, 1-bathroom units, ideal for a collective purchase. Each unit falls below the R1.1 million threshold, exempting it from transfer duties, with each apartment on its own sectional title.
Prime Location : Opposite Virgin Active Gym, Food Lovers Market & within 200m of the MyCity Bus Stop.
Ave Monthly Rental Income : ±R50 000 for all 5 units.
Property Highlights:
Units Included:5 Apartments (4 ground-floor units, 1 second-floor units) - Apartment Size 64m2 each.Each unit offers 2 bedrooms, 1 bathroom, and an allocated parking bay.
Leased Units:All units are currently leased. Lease terms and rental income details are available upon request.
Images Available:Photos of a sample apartment are available for viewing.
This rare investment opportunity offers a steady rental income stream in a highly sought-after area. For further information, please contact us today!

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