R 430 000
| Apartment / Flat for Sale in Klaarwater
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Investment Opportunity: Incomplete Residential Development in Klaarwater
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!
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Contact AgentWeb Ref 115892471
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