SOLE MANDATE
Web Ref 7001249
R6,499,999
11 East St 11 East Street, Grassy Park, Cape Town
Monthly Bond Repayment R64,894.68
Calculated over 20 years at 10.5% with no deposit.
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Monthly Rates
R9,500
R9,500
Apartment block -Perfect Investment opportunity with high potential yield in great location!
SOLE & EXCLUSIVE
Welcome to Thaabiet court, perfect Investment opportunity with high potential yield
A well-positioned apartment block situated in the heart of Grassy Park. This solidly built property at 11 East Street offers a fantastic opportunity for savvy investors or developers looking to secure income-generating units in a high-demand rental area. This block is singly owned and has commercial rights.
This Block offers:
8 Units
Each unit offers 2 bedrooms and 1 bathroom, kitchen and lounging area
Spacious layouts - designed for comfort and easy living
Secure parking - onsite bays available behind lock up, automated gates
Fully Enclosed Property – Gated access ensures safety and privacy
Well-Maintained Structure – Solid face-brick exterior with low upkeep costs
Prime Location – Situated close to public transport routes, schools, shops, and places of worship
· Prepaid Electricity and water – Tenants manage their own usage, reducing management hassle
· High Occupancy Rates – Consistently in-demand rental units in the area
· Great ROI Potential – Ideal for buy-to-let investors or sectional title conversion
· Asking price : R6,800,000
· Rates up to date : R9000 p/m
· Why Invest in Thaabiet Court?
Grassy Park continues to show steady rental growth and demand for affordable, quality housing. With its excellent location, secure environment, and tenant-friendly layout, Thaabiet Court is a prime asset to add to any investment portfolio
Contact to view.
Size : 1079 sqm
Welcome to Thaabiet court, perfect Investment opportunity with high potential yield
A well-positioned apartment block situated in the heart of Grassy Park. This solidly built property at 11 East Street offers a fantastic opportunity for savvy investors or developers looking to secure income-generating units in a high-demand rental area. This block is singly owned and has commercial rights.
This Block offers:
8 Units
Each unit offers 2 bedrooms and 1 bathroom, kitchen and lounging area
Spacious layouts - designed for comfort and easy living
Secure parking - onsite bays available behind lock up, automated gates
Fully Enclosed Property – Gated access ensures safety and privacy
Well-Maintained Structure – Solid face-brick exterior with low upkeep costs
Prime Location – Situated close to public transport routes, schools, shops, and places of worship
· Prepaid Electricity and water – Tenants manage their own usage, reducing management hassle
· High Occupancy Rates – Consistently in-demand rental units in the area
· Great ROI Potential – Ideal for buy-to-let investors or sectional title conversion
· Asking price : R6,800,000
· Rates up to date : R9000 p/m
· Why Invest in Thaabiet Court?
Grassy Park continues to show steady rental growth and demand for affordable, quality housing. With its excellent location, secure environment, and tenant-friendly layout, Thaabiet Court is a prime asset to add to any investment portfolio
Contact to view.
Size : 1079 sqm
Features
Pets Allowed
Yes
Interior
Bedrooms
16
Bathrooms
8
Furnished
No
Exterior
Security
No
Parkings
10
Pool
No
Sizes
Land Size
1,079m²
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