Web Ref RL964743
R2,095,000
7 7 Lawrence street, 7 Lawrence street, Fort England, Grahamstown
Monthly Bond Repayment R21,624.34
Calculated over 20 years at 11.0% with no deposit.
Change Assumptions
Calculate Affordability | Calculate Bond & Transfer Costs | Currency Converter
Monthly Rates
R2,059.89
R2,059.89
Exceptional Investment Opportunity: Fully Tenanted Secure Block of Flats
Presenting an incredible investment opportunity in a secure and well-maintained block of flats, fully tenanted and generating consistent rental income. This property comprises six well-designed flats and a charming separate cottage, offering a reliable income stream from day one.
The six flats boast open plan lounges and kitchenettes, each complemented by a comfortable bedroom with an en-suite bathroom.
The separate cottage exudes character with its wood-panelled ceilings and boasts an open-plan lounge and kitchen, plus a comfortable bedroom with an en-suite bathroom, making it ideal for tenants seeking a bit more privacy and space.
This low-maintenance property is finished with facebrick, ensuring durability and ease of upkeep, while electric fencing and a gated entry provide top-level security for peace of mind. The complex also includes secure outside parking for tenants and visitors, further enhancing the property's appeal.
Additional features include water tanks to ensure uninterrupted water supply, making it an excellent choice for the long term. The low-maintenance design and secure complex further boost the property's potential, making it a must-see for serious investors.
With all units fully tenanted, this property offers immediate returns and is a rare find in today’s market.
Don't miss out on this exceptional opportunity! Schedule your viewing today and explore the incredible investment potential this fully tenanted property offers.
The six flats boast open plan lounges and kitchenettes, each complemented by a comfortable bedroom with an en-suite bathroom.
The separate cottage exudes character with its wood-panelled ceilings and boasts an open-plan lounge and kitchen, plus a comfortable bedroom with an en-suite bathroom, making it ideal for tenants seeking a bit more privacy and space.
This low-maintenance property is finished with facebrick, ensuring durability and ease of upkeep, while electric fencing and a gated entry provide top-level security for peace of mind. The complex also includes secure outside parking for tenants and visitors, further enhancing the property's appeal.
Additional features include water tanks to ensure uninterrupted water supply, making it an excellent choice for the long term. The low-maintenance design and secure complex further boost the property's potential, making it a must-see for serious investors.
With all units fully tenanted, this property offers immediate returns and is a rare find in today’s market.
Don't miss out on this exceptional opportunity! Schedule your viewing today and explore the incredible investment potential this fully tenanted property offers.
Features
Pets Allowed
No
Interior
Bedrooms
7
Bathrooms
7
Kitchen
7
Reception Rooms
7
Furnished
No
Exterior
Security
No
Parkings
7
Pool
No
Sizes
Land Size
642m²
Extras
24 Hour Access; Electric Fencing; Electric Gate; Backup Water; Water Tank
