Property Details

CALLING ALL INVESTORS - URGENT SALE (OWNER EMIGRATING) ±R1.1m RENTAL INCOME P.A. ON AUCTION - 10 HILL TERRACE, BEDFORDVIEW. 21 July 2024 @12pm

Consisting of 9 Upmarket and Refurbished Separate Units.

Currently 6 Units rented with short and long term leases, all subject to renewal.

Very easy to manage with low maintenance costs and with great views of Bedfordview. Easy access to the nearby highways and situated in a 24-hour Access Controlled Boom.

Breakdown of units:

A1

1 x bedroom + study + Lounge

1 x Toilet + shower + basin

Small Kitchen

Carpeted

A2

1 x bedroom + Lounge

1 x Toilet + shower + basin

Small kitchen

Carpeted

B1

4 x bedroom + Lounge + Dining room

Entertainment area has gas and fire braai as well as pizza oven

2 full bathrooms (1 ensuite)

1 x Toilet + shower + basin (ensuite)

1 x Guest toilet

Spacious Kitchen + Scullery

Carpeted mostly upstairs / Downstairs is tiled

B2

2 x bedroom + Lounge

1 x full bathroom

Spacious Kitchen

Tiled

B3

2 x bedroom + Lounge + Dining room

1 x full bathroom

Spacious Kitchen

Tiled

C1

2 x bedroom + Lounge + Dining room

1 x full bathroom

Spacious Kitchen

Carpeted

C2

2 x bedroom + Lounge + Dining room

1 x full bathroom

Spacious Kitchen

Tiled

C3

1 bedroom

Toilet + shower + basin

Small kitchen

Tiled

D1

1 bedroom

Toilet + shower + basin

Small kitchen

Tiled

All units excluding D1 have their own water and prepaid Electricty meter.

EXTRAS ON PROPERTY:

2 x Double garages

1x quadruple garage + Storage room

Pool + Splash pool

1 x Toilet and urinal at pool

Storage under stairs (Tool room)

Storage area by pool

12 kVa Grid tied Solar system (+/- 40% electricity bill reduction)

12 kVa Generator

Borehole (almost zero water bill)

8 x 5000 Liter jojo tanks

9 x Open Parking spaces

1/3 completed Greenhouse

1/2 completed water wheel for Electricity generating

Property Features

  • Property Type Business
  • Beds 16
  • Bath 12
  • Garages 7
  • Pool Yes
  • Building Size
  • Stand Size 2,163m²

Associated Costs

  • Rates & Taxes ± 8743

Location

Auction Date

  • Friday, 28 Jun 2024
  • Bedfordview Central, Bedfordview

Enquiry

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Agent Details

Errol Diner 072 276 2136

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