22 Bedroom Apartment For Sale in Goodwood

Property description

Fully tenanted 12-Unit Apartment Block for Sale

This fully sectionalized apartment block, comprising 12 units, offers an outstanding investment opportunity with no transfer duty payable. Located in a convenient area close to public transport, the property features ample secure parking for tenants.

The building consists of 10 x 2 Bedroom units ( 49 sqm each )
2 x 1 Bedroom units ( 31 sqm each )

Generating a net rental income of R648 000 p.a ( With self-management, projected annual rental income increases to R700 000 net p.a )