MUST SEE !!! Rental Portfolio 46 properties @ 10 % yield
No Transfer Duty or Vat to pay by the purchaser
This property portfolio consists of 46 properties, fully tenanted @ R13 500 per month providing a yield of 10%. This buying opportunity gives you the possibility to purchase a running business, well managed portfolio of properties. The properties are situated in the Table View and Tijgerhof area's . The price includes the registered companies, including all assets, staff, properties and tenants.
The townhouses are fully walled with controlled automated entrance gate as well as a separate walled private gardens. Security burglar bars fitted to all opening windows and security slam gates to all opening entrance doors and sliding window with alarm systems fitted.
All properties offer quality finishes throughout and are well designed, well built and has been maintained to a high standard.
All the properties are all fully rented with a minimum 1-year Lease with a 12% rental escalation clause in the Leases.
Don't miss this buying opportunity, email, call or text immediately for more information.