Commercial space in Primrose

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PRIME INVESTMENT OPPORTUNITY | FULLY TENANTED BLOCK OF FLATS IN PRIMROSE | INCOME GENERATING MONTHLY RENTAL INCOME R42 700.00Why to Buy- Fully tenanted block of flats- Total of ten apartments and one separate flatlet- Current monthly rental income R42,700.00- Each apartment includes one bedroom, 1 bathroom a kitchen and a lounge- Prepaid electricity meters in each apartment- Eight dedicated parking spacesPresenting an exceptional investment opportunity, this fully tenanted block of flats is strategically located in the established suburban area of Primrose, Germiston. Boasting a robust current monthly rental income of R42,700.00, this property offers immediate returns for discerning investors seeking a stable and lucrative asset.The complex comprises ten well-maintained apartments, thoughtfully distributed with five units on the ground floor and five on the first floor. Each apartment is designed for comfortable living, featuring one bedroom, a private bathroom, a functional kitchen, and a lounge area. A significant advantage for both tenants and landlords, every apartment is equipped with individual prepaid electricity meters, ensuring efficient utility management.Adding further value and income potential, the property includes a separate flatlet, bringing the total number of rentable units to eleven. This dual-living arrangement enhances the property''s appeal and flexibility. Situated on a generous 737m² erf, the property also provides eight dedicated parking spaces, a crucial amenity in any residential development. This offering represents a compelling acquisition for those looking to expand their property portfolio with a high-performing asset.We invite serious investors to arrange a private viewing to fully appreciate the potential of this outstanding commercial sale.It''s an opportunity not to be missed. Contact me for viewing!E &amp OEPASADENA TRADERS 1 PTY LTD trading as REMAX Finest Alberton operates in terms of a franchise agreement with REMAX of Southern Africa.

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