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R 583 000 Bond Calculator

10 Bedroom Apartment / Flat for Sale in Corana

Mthatha, Corana


10 Bedroom Apartment / Flat for Sale in Corana

Mthatha, Corana

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10 4 10
Erf Size: 1 800 m²

Investment property for sale -Mthatha. Fully let 10-unit Property/Excellent Rental Income/Development Potential!

A prime investment opportunity in Mthatha! this property comprises 10 fully occupied apartments, each generating steady rental income of R600 per room.

Key Features:
. Electricity: Prepaid meters.
. Water: 2x 5000L Jojo tanks
. Total units: 10
. Occupancy: 100% (o Vacant units).
. Monthly Rental Income: Consistent, fully tenanted
. Location: Close to Malusi/Gxulu clinic,St Patrick and Sewushe High Schools-ideal for student or staff accommodation.

Development Potential:

The property has space to build an additional 10 to 15 units, making it a fantastic long-term investment with room for growth.

Don't miss out on this high-yield opportunity in sought-after rental area!

For Enquiries or to schedule a viewing, contact us!


Property Overview

Listing Number
115892027
Type of Property
Apartment / Flat
Erf Size
1 800 m²

Rooms

Bedroom
10
Bathroom
4

External Features

Parking
10

Building

Backup Water
Water Tank

Education

Ngqiniko Junior Secondary School
1.60km
Sankobe Junior Secondary School
1.90km
Sidanda Junior Secondary School
4.29km
Lower Ngqungqu Junior Secondary School
4.41km
Zwelebango Junior Secondary School
4.82km
Pazima Junior Secondary School
5.57km
Magila Senior Primary School
6.29km
Bazindlovu Senior Secondary School
7.05km
Thwaluphahla Senior Primary School
7.09km
Mtonjeni Junior Secondary School
7.51km
Ngcanasini Junior Secondary School
7.63km
Qingqolo Senior Secondary School
7.83km
Qingqolo Junior Secondary School
7.89km
Mhlakulo Senior Primary School
8.58km
Mancam Junior Secondary School
8.72km
Lutubeni Senior Secondary School
8.89km
Lutubeni Junior Secondary School
8.95km
Kaula Junior Secondary School
9.44km
Madwaleni Junior Secondary School
9.93km
Dobe Junior Secondary School
9.93km
Ngcwala Junior Secondary School
9.93km
Mqanduli Village Primary School
9.97km
Lower Ngqwara Junior Secondary School
10.08km
Wilo Junior Secondary School
10.18km
Mlatha Senior Primary School
10.45km
Sixhonkxweni Senior Primary School
10.71km
Lower Malahle Junior Secondary School
11.33km
Malahle Pjs School
11.96km
Sompa Junior Primary School
12.45km
View more

Transport and Public Services

Komkhulu
3.54km

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Agency

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Agents

Desiree Mareledwane
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