An Excellent Investment Property in the Heart of Alberton!
This flat is conveniently situated in Alberton North and is the ideal investment property for someone looking for a small rental property with loads of potential. A 48m2 flat comprising of a well sized lounge leading to a balcony which has been converted into a small separate carpeted bedroom. The kitchen is compact with cupboards and the bathroom has a toilet, basin and bathtub.
The complex building is secure with 2 lockable entrances and a security gate at the entrance. The flat is complete with 1 basement parking bay. The outlook is onto Van Riebeeck Avenue. Close to the Mall and easy access to public transport and other amenities as well..
NB! The current tenant's lease ends 30/6/2024. Offers a gross return of 12.9% per annum and a net return of 8.9% per annum after levies and rates.
Alberton property: A profile of Alberton property from a prospective buyer’s perspective, with information on facilities and attractions.
Alberton Property
Alberton, located in the East Rand of Gauteng, was established in 1905 as a small trading centre. Today it includes multiple suburbs and provides residents with all essential services, as well as a good range of recreational opportunities. It also...
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