South Crest, Alberton – 11 Townhouses!
- 12 Feb 2025 | 12h30
South Crest, Alberton – 11 Townhouses!
- 12 Feb 2025 | 12h30
Auction Information
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Auction ID AC-01-2514
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Opening Bid TBA
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Previously Listed At TBA
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Auction Time 12h30
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Auction Date 12 Feb 2025
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Auction Type Onsite Auction
Summary
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Title Deed No T13059/2007
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Levies TBA
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Rates and Taxes ±R24 354.00
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Land Area 2 745 m2
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Improvements 10 x 3-Bedroom Units (153m² each) 1 x 2-Bedroom Unit (76m²)
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Bedrooms 32
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Bathrooms 26
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Other Low Maintenance
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Other High tenant demand
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Other prepaid meters
Property Information
This incredible investment opportunity features 11 townhouses in a well-maintained sectional title complex:
- 10 x 3-Bedroom Units (153m² each)
- 1 x 2-Bedroom Unit (76m²)
- Hi Tenant demand
- Prepaid electricity & metered water
- R1,200,000.00 annual rental income
- Sectional title
This is your chance to secure a high-yield investment property with minimal hassle! Don’t miss out.
For more details:
📞 Contact Marco: 081 026 2295
✉ Email: marco@auctioncentral.co.za
Investment Property on Auction in South Crest, Alberton
Are you a seasoned investor or a newcomer eager to embark on a rewarding property journey? This exceptional investment opportunity in South Crest, Alberton, is not to be overlooked. Presenting a block of 11 townhouses, this property bundle promises a solid and proven annual rental income of R1,200,000.00. With its strategic location, hassle-free management features, and outstanding design, this is a gem for any savvy buyer.
Property Details
This block comprises ten spacious 3-bedroom units, each measuring 153m², thoughtfully designed to cater to modern living needs. Additionally, there is a 2-bedroom unit spanning 76m², ideal for smaller households or single tenants. All units are set within beautifully maintained gardens, offering an attractive and serene outdoor space that tenants will appreciate. The property is equipped with prepaid electricity and metered water systems, ensuring efficient and fair utility management.
Why Choose This Investment?
Located within a secure and well-maintained sectional title complex, this property offers peace of mind to both tenants and investors. Its low-maintenance design and streamlined management features make it an excellent choice, whether you’re expanding an existing portfolio or taking your first steps into the world of property investment. The prime location in South Crest, a sought-after area for families and professionals, ensures high demand and consistent occupancy.
Key Advantages
- Proven Rental Income: Generate R1,200,000.00 annually from a stable and established tenant base.
- Ease of Management: Prepaid utilities and a well-run complex reduce administrative burdens.
- Prime Location: Situated in South Crest, Alberton, a desirable and convenient neighborhood close to amenities and transport routes.
A Smart Investment Choice
This property ticks all the boxes for a lucrative investment: high returns, minimal management hassle, and an attractive location. Whether you’re an experienced investor seeking to enhance your portfolio or a first-time buyer looking for a secure and profitable venture, this opportunity offers everything you need.
Don’t let this incredible investment slip away—take the first step toward securing your financial future with this unbeatable property bundle in South Crest, Alberton!
Street Address
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Disclaimer:
Whilst reasonable precautions have been taken in compiling the information contained in this document, neither the seller, nor the Auctioneer, nor the broker shall be liable for any loss, damage or expense whatsoever or howsoever caused, arising from reliance on any information provided, nor do they guarantee the completeness or accuracy thereof. The duty always rests on the purchaser to conduct his/her own due diligence inspections relating to the property/ies referred to herein to verify the information reflected. The purchaser’s participation in any auction or private treaty sale based upon such information shall be entirely at his/her own risk in acceptance of the preceding information