Apartment Block For Sale in Oakdale, Bellville

Oakdale, Bellville, Western Cape

Apartment Block

ZAR 6,250,000

• 9 bedrooms
• 9 bathrooms
• 396 sqm
• 595 m² plot

Fully Tenanted Residential Block for Sale in Bellville Sectionalized block in excellent condition with pre paid water and electricity meters for each unit. Income generating block with 8 x 1 Bedroom units ranging from 48-49m2 and 1 x Studio apartment. The ground floor units has enclosed patio's. The zoning is SR1 and the sectionalization is a huge transfer duty saving with only transfer fee's. There is no levies. Situated close to public transport. The units has lovely parquet flooring and tiled bathrooms and kitchens with granite finishing. Aluminium window frames, communal washing lines and electric fencing. The annual income ( income and expense sheet is available upon request ) Net yield = ±11%