• 18
  • 8
  • 826 m2
  • 2 593 m2

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Property description

2 Blocks of 4 townhouses (2 of which have 3 bedrooms) on each side, in a tranquil street, in a well-wooded suburb of Silverton, on the east side of Silverton High School. 

 6 x 2 Bedroom (98) @ R5 700 = R 34 000 

2 x 3 Bedroom (119) @ R6 200 = R 12 400  

 Total monthly rent income = R46 400

There are 16 garages, in the middle. Every complex has a well-maintained garden with large trees.

Well situated within walking distance to several supermarkets, Silverton High School, a municipal bus stop, major traffic routes, as well as other amenities. Each unit has its own water and electricity meter, as well as a solar geyser. The entrance gate to the property is remotely controlled. There is also a borehole on the property.

No levies at the moment. Rates are R447.00 per month for 2 bedrooms and R575.00 per month for 3 bedrooms.

Water & Electricity (Total) = R12 983 

Total Monthly Expenses = R16 404  

Garden maintenance = R2 400

Confidential information (financial reports, Rules and Regulations of the complex, etc.) is available to serious buyers after signing the Confidentiality and Non-Disclosure Agreement. 

This is a promising investment opportunity, and the complex is in excellent condition. Viewings are available by appointment only. 

Property Details

  • 18 Bedrooms
  • 8 Bathrooms

Property Features