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593m² Investment For Sale in New Redruth

4 Newquay Street · New Redruth Web Ref NV593NRA

For Sale

R 2 326 500

R 3 923 / m² · excl. VAT

593 m²Floor size
R 3 923Rate per m²
InvestmentProperty type
ImmediatelyAvailable from
For SaleStatus

Overview

Excellent investment property for sale in New Redruth. Asking price R2 326,500.00. The property generates a rental income of R40 000 per month and general expenses are between R10 000 and R12 000 per month.

Under roof is 593sqm and stand size is 1280sqm. The property consists of the following:

11 Flats with private bathrooms.
Separate flat with private bathroom.
House with 4 bedrooms.
Storage rooms at the front of the property.
1 garage.

The property is in close proximity to all main arterial routes, shops, schools and other amenities in the area.

Location

Similar available nearby

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