>> Pre Register 2018-06-27 11:30 2018-06-27 12:30 Africa/Johannesburg Auction for Alberton – Apartment block With Retail Rare investment opportunity Auction for Alberton – Apartment block With Retail Rare investment opportunity happening at 34 Charl Cilliers Avenue, Alberton, Gauteng, 34 Charl Cilliers Avenue,
Gauteng, Marco Gaspar firstname.lastname@example.org
Property Type: residential
Auction on site: 34 Charl Cilliers Avenue, Alberton
Wednesday 27th June @ 12:30
Viewing and registration from 11:30 am
This neat and well-managed property comprises of a 3 storey face brick structure with 19 apartments, 3 retail outlets and 12 garages.
- The residential component comprises of 19 apartments developed on all 3 levels.
- The 19 spacious apartments are made up of 6 x 1-bedroom units, 1 x 3-bedroom unit and 12 x 2-bedroom units
- Each unit has a kitchen, a full bathroom and an open plan lounge and dining area
- The 3 ground floor units have access to an enclosed private garden.
- The units are accessed via a centralised staircase at the back of the building with the enclosed parking area.
- Situated along the ground floor with street frontage are 3 shops
- One of the shops is currently let out to a long-standing tenant
- The remaining portion is interlinking and subvisible with an estimated rental income potential of R18 000.00
- The corner shop has roller shutter door access to the street level.
Additional amenities and improvements
- There are 12 garages which are let out to tenants and provides an additional income stream
- A washing drying area has been developed above a large storeroom and ablutions for staff with direct access to the 1st floor
- An enclosed parking area with access control gate provides secure open parking for tenants
- The property has been meticulously maintained and due to the face brick construction, maintenance costs are kept to a minimum.
- The site is surrounded by newer developments, also comprising multi-storey apartment blocks, which is indicative of demand
- The property investment type category is currently in demand based on strong rental demand
Auction Address: 34 Charl Cilliers Avenue Alberton Gauteng
Auction Date: 2018-06-27
Viewing Start Time: 11:30
Auction Start Time: 12:30