Existing fully walled security complex with 106 units. Occupied with tenants.
Gross income R522,000 pm
Has a separate school building on the stand zoned for 80 children.
Extra potential gross income from the school is R200,000 pm.
Complex about 3years new.
3 storey building - 34 units ground floor, 36 units 1st floor, 36 units 2nd floor
2 parking bays per unit. One open + one covered
Excellent security - CCTV cameras, electric fence, guard house + access control 24/7.
Pre-paid electricity & water meters, Fiber installed and ready, Wi Fi available
TOP finishes- caesar stone kitchen tops, bath & seperate shower in all units, Double glazed windows (temperature control & noise blockage), Modern cupboards in kitchen and bedrooms (soft touch release).
ALL units registered under Sectional title. The units can ALL be sold separately.
Keep some and sell some.