Official COVID-19 Information: www.sacoronavirus.co.za
Official COVID-19 Information: www.sacoronavirus.co.za
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LocationSouth Africa, Western Cape

Sector - Property

Asking Price
R 14,000,000
Monthly Profit
R 78,426
Asset Value
R 0
Stock Value
R 0
Yearly Net Profit
R 941,112

Summary

Eight Duplex Townhouse complex for sale. Fully tenanted and in high demand. Good rental income.

Give me more information

How does the business operate on a daily basis?

The properties are run by a Manager who has the following functions: • Administration of property and tenant accounts, • Advertising for tenants • Screening of potential tenants • Collection of rent • Preparing rental agreements • Liaising with contractors re maintenance of property/units when needed

What are the main assets of the business?

The properties itself.

Strengths?

Monthly rental income Well located Units are old but neat

Weaknesses?

Units are old (kitchens, cupboards/wardrobes, floor-to-floor carpets)

Threats?

Current COVID-19 situation impact on individuals finances Current economic climate / junk status

What is the reason for the sale?

Owner wish to return to the UK.

Location

Contact | Enquire

Kutu

Kutu Venter

LocationSouth Africa, Western Cape

Preferred method of contact

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