R430,000
R430,000
Apartment Block For Sale in Klaarwater
5
Parkings
Sole Mandate
Ref. RLS980671
Land 655.00m²
Monthly Repayment
R4,438.41
Val Mkhize
Val Mkhize Candidate Property Practitioner Seeff Pinetown PPRA Registered | FFC 202401071765304

Investment Opportunity: Incomplete Residential Development in Klaarwater

Web Ref. RLS980671
Unlock the potential of this promising residential development in Klaarwater! This is a fantastic opportunity for investors or developers looking to complete and capitalize on a project with significant groundwork already laid.

Key Features:
. Situated in Klaarwater, offering convenient access to the main road and public transportation.
. 12 incomplete residential apartment units, each designed with an open-plan lounge and kitchen, one bedroom, and one bathroom.
. Benefit from the security and efficiency of already approved building plans, streamlining the completion process.
. There are two separate, tenanted units currently generating a total monthly rental income of R3,000.00 (R1,500.00 per unit), providing immediate returns. Benefit from the existing rental income while completing the remaining units.

This development presents a compelling opportunity to complete the remaining construction and introduce 12 new rental units to the Klaarwater market, leveraging on the groundwork that has already been completed, saving valuable time and resources.

Don't miss out on this exceptional investment opportunity in a well-located area. Contact us today to learn more and arrange a site visit!

Features

Exterior
5 Parkings (Secure Parking)
Sustainability
Water Tank
Sizes
Land Size 655 m²

Klaarwater, Pinetown

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Finance

Monthly Repayment
R0,00
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