AUGUST AUCTION | Building | Leilão
High Yielding Investment Opportunity - On Auction 22 August 2024 ON AUCTION 22 AUGUST 2024 - HIGH YIELDING INVESTMENT OPPORTUNITY
We are delighted to present investment opportunity at our upcoming auction—a block of eight well-maintained apartments. Scheduled for August 22, 2024, this property offers substantial returns and is an ideal choice for discerning investors.
Property Overview: - Number of Apartments: 8 - Additional Rooms: 4 - Annual Income: Over R500,000.00
Key Features: - Strategic Location: The block is situated in a highly sought-after area with strong rental demand, ensuring consistent occupancy and attractive returns. - Well-Maintained Units: Each apartment is in excellent condition, featuring recent updates that enhance both functionality and aesthetic appeal. - Robust Rental Income: The property boasts a substantial annual income exceeding R500,000.00, making it a strong investment opportunity.
Investment Highlights: - High Yield Potential: The current income performance demonstrates the property's solid investment potential and offers a foundation for future growth. - Diverse Revenue Streams: The inclusion of four additional rooms provides extra income opportunities, further enhancing the property's financial appeal. - Growth Area: Located in an area experiencing positive economic development, the property is well-positioned for future appreciation.
Auction Details: - Date: August 22, 2024 - Time: 12:00 PM - Location: Wanderers Club, 21 North Road, Illovo