Please note that our Terms of Use and Privacy Notice are applicable.
Back to search (Eastern Cape > Commercial & Residential Property for Sale & Rent > Houses, Apartments & Granny Flats for Sale> ad 1275403849)
Block of Flats Primely located
R 6,995,000
Can I afford this?
25 Photo(s)
24 days ago141 views
Ad Saved to My List
View and manage your saved ads in your account.
Share
WhatsApp
Facebook
Messenger
Twitter
Copy URL
Email
Report Ad
Report This Ad
Reason for Reporting
Email Address
(Required)
Message
(Optional)
Report Ad
By clicking "Report" you accept the Gumtree Terms and Conditions.
General Details
Location:
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):6+
Bathrooms (#):4+
Parking:Covered
Description
Excellently located on a road in the corner of Oxford Street, walking distance to Pick and Pay, Medical centers, Pharmacies, Eateries and all conveniences, this is an ideal block to invest in, be it for student accommodation or for young professionals employed in the Buffalo City. This well managed and well maintained block comprises of 10 Flats of various sizes as follows:
6 x 2 bedroom units, each with full bathroom, open plan kitchen, lounge and dining
3 X 3 bedroom units each with full bathroom, open plan kitchen, Lounge and dining
2 x 1 Bedroom unit with bathroom, open plan kitchen and lounge
The block is always let at 80% -100% with its location being in demand. At full capacity the flats generate an approximate income of R 73 000 with potential for more depending on how one reconfigures tenant living.
DO NOT MISS OUT ON OWNING THIS PROME PIECE OF EAST LONDON.
Call me to arrange a viewing.
Property Reference #: RL4436
Agent Details:
Nomthandazo Mtshemla
Vartrust Real Estate
Kutoroka
Scorpion Trail
Midrand
6 x 2 bedroom units, each with full bathroom, open plan kitchen, lounge and dining
3 X 3 bedroom units each with full bathroom, open plan kitchen, Lounge and dining
2 x 1 Bedroom unit with bathroom, open plan kitchen and lounge
The block is always let at 80% -100% with its location being in demand. At full capacity the flats generate an approximate income of R 73 000 with potential for more depending on how one reconfigures tenant living.
DO NOT MISS OUT ON OWNING THIS PROME PIECE OF EAST LONDON.
Call me to arrange a viewing.
Property Reference #: RL4436
Agent Details:
Nomthandazo Mtshemla
Vartrust Real Estate
Kutoroka
Scorpion Trail
Midrand
Id Subtitle 1275403849
View More
Property Loan Calculator
Purchase price
R
Deposit amount
R
Interest rate
%
No. of years
5
10
15
20
25
30
RECALCULATE
Estimated monthly repaymentR 75,806
Total property loan amountR 6,995,000
Total interestR 11,198,275
Total repaymentR 18,193,275
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
RECALCULATE
Vartrust Real Estate
Selling for 7+ years
Total Ads303
Active Ads303
Professional Seller
This seller has registered a Gumtree business account which allows them to qualify as a professional seller.To grow your business with Gumtree read more
Seller stats
303Total Ads
675.98KTotal Views
Contact Vartrust Real Estate
063*******Show Number
Message
(4016)
Name
(Optional)
Email Address
(Optional)
Phone
(Required)
Send Message
By clicking "Send" you accept the Terms of Use and Privacy Notice and agree to receive newsletters and promo offers from us.
Related Ads
1
R 1,395,000
SavedSave
The ideal home for anyone looking for a secure freehold property. Located in a well run & sought after complex. The home offers 2 bedrooms, 2 bathrooms, an open plan lounge and dining room plus a modern kitchen as well as a private enclosed garden. The unit has a single garage plus additional parking.Silver Creek complex is ideally situated close to the Nahoon River, Spar, coffee shops and stores, plus the location allows you easy access to the highway.Property Reference #: JRL10027Agent Details:Bernadette BengeJawitz Properties61 Beach RoadNahoonEast London
Invalid date
1
R 830,000
SavedSave
Christmas Rock - East London 2 bedroom house with open plan kitchenLounge - 1 bathroom with outside shower and braai area. Pet Friendly. Fishing paradise - within walking distance to one of the most beautiful beaches.Sold under share block
Invalid date
1
R 2,600,000
SavedSave
Situated in a quiet street in a sought after area. Main House consist of 2 bedrooms 1 full bathroom,Lounge with fire place,T V lounge with sliding doors leading to pool and braai area, Dining Room and open plan kitchen with ampule cupboard space, scullery and a entertainment area with build in bar.Flat 1. has own entrance and own little garden .1 spacious bedroom ,seperate lounge and a kitchen as well as a full bathroom.own parking space.Rental R6800.00 pm all inclusiveFlat 2. upstairs and comprises of 1 spacious bedroom and full on suite . open plan lounge and kitchen.Rental R6600.00 pm all inclusiveFlat3. Bachelor flat and has open plan bedroom kitchen and bathroom . Rental R4800.00 all inclusive.Rates R2437.42 pm Property Reference #: 2308291Agent Details:Zenobia JansenB.C. PropertiesEast London
Invalid date
1
R 1,495,000
SavedSave
Step into this neat, sunny, open plan home located on the East Coast of East London. The house offers 4 well sized bedrooms, 2 bathrooms and a generous living area with kitchen, dining room, study and lounge that opens to a large deck to take in the good sea views. The lounge has a built in fire place for those cozy winter nights. Solar geyser for bathroom and gas geyser for kitchen. Drinking water from jojo tank with reverse osmosis plumbed into the kitchen.The property is stand alone and has no immediate neighbors.The seaside complex of Queensberry Bay has a communal swimming pool, tennis court, club house/restaurant and childrens play area. The well maintained boardwalk offers peace of mind for residents to stroll down to the beach.Queensberry Bay is a Share block complex and a bank would look at offering 66% LTV.Has PoolProperty Reference #: 7002001-50476Agent Details:Leza FordEXP RealtySouth Africa13 Nankies Nook Eldoraigne , Eldo Park Estate , 157
Invalid date
1
R 2,295,000
SavedSave
A PERFECT PLACE TO CALL HOMETHIS CHARMING WELL LOCATED PLACE IS WAITING FOR YOU TO MAKE YOUR HOME.3 BEDROOM PROPERTY WITH EN-SUITE FEATURING AN ENTRANCE HALL, LOUNGE &DINING ROOM, A NEAT KITCHEN. PROPERTY BOASTS THREE BIG GARAGES WITH A STORAGE ROOM WITH BUILT-IN CUPBOARDS.THERE IS A MODERN FLAT WITH AN OPEN PLAN DINING/LOUNGE AREA, KITCHEN, FULL BATHROOM AND A SMALL STUDY ROOM. THIS FLAT IS INCOME GENERATING AND CAN ASSIST WITH BOND REPAYMENT.MORE !!!ONE SPACIOUS ROOM AT THE BACK TO BE USED AS A DOMESTIC QUARTERS WITH A TOILET.SPACIOUS ENTERTAINMENT BRAAI AREA NEXT TO THE FLAT.THE GARDEN IS A SIGHT WORTH VIEWING.COME AND VIEW NOWProperty Reference #: ELO-RS00379Agent Details:Mohale MakanyaCentury2184 Vincent Road Vincent East London 5247
Invalid date
1
R 1,350,000
SavedSave
Welcome to your freshly renovated dream home! This is a perfect opportunity for first-time buyers in the thriving area of Reigerton Park, Gonubie. - **3 Beds, MES Bathroom**: Spacious, stylish living awaits, with the main en-suite bathroom ready for your personal touch to complete. **Personal Touch**: Unleash your creativity and complete the finishing touches to make this house uniquely yours. Your dream home, your style! - **Prime Location**: Conveniently situated near Gonubies Kingmall and Gonubie High School, providing luxury and ease for your daily needs. **Idyllic Surroundings**: Gonubie, a friendly paradise, is surrounded by the beautiful Indian Ocean, river, and the scenic Gonubie River. **Outdoor Paradise**: Enjoy stunning outdoor activities, from walks, cycling, and jogging along the Oceanway mile to golf, paddling, or surfing by the beach. A sports club, medical centre, library, and seaside restaurants add to the allure. **Family-Friendly**: Gonubie is the perfect place to start your own family, offering a wonderful environment to grow and thrive. Dont miss out on this fantastic opportunity! Schedule a viewing today and live your dream in Reigerton Park, Gonubie.Property Reference #: 7002001-46382Agent Details:Phillip EvanseXp Realty - Steven Johnstone Group1 Apple StreetKenilworthCape Town7708
Invalid date
View More
Back To SearchGumtree Safety Tips
1.Meet in a public space to see the item and exchange money.
2.Never send your item before receiving the money.
3.Never send or wire money to sellers or buyers.
Looking to Sell?
Whether you are selling your car, old cell phone or laptop, learn how much your item could be worth with our Gumtree Pricing Guide.
