This is an investment opportunity for
one to own a block in Riviera, comprises of 18 spacious
bachelors and loft units, all renovated painted , accessible with all routes
close to department of forestry and fishing, Steve Biko Hospital,
building, walking distance to schools,restaurants, malls,
churches, shops, cretches, all with undercover parking,
all units are occupied with an income rental of R 792 000 p/a,
rates and taxes R 15 000 p/a, other expenses R 114 000 p/a, left with a net of
R 663 000.00 p/a. Good investment not to be missed.
A BLOCK OF 20 UNITS UP FOR GRAB!!!