Listing Price : ZAR 1,350,000

Address : 5 Howe Street Plot number :
Suburb : Observatory Plot Size :
Bedrooms : 3 Floor Size : 234
Bathrooms : 2 Monthly Rates : ZAR 3,648
Parking : 2 Availability : 2 months notice
Agent : Werner Steyn Present Rental Income : ZAR 9500

Features:

One large loft converted into two

Views of Devil’s Peak and Table Mountain

Residential or Commercial usage possible

Secure parking

Security complex with 24 hour-patrol

Two kitchens

Two bathrooms

One part tenanted until Jan’12 with an income of R5000 per month

Potential to sub-devide

More Details:

  • Large lobby with access to two separate loft apartments, both now for sale as one unit.

  • Loft 1 consists of two large room, a kitchen and bathroom. This apartment is let until 31 January 2012 at ZAR 5000 per month.

  • Loft 2 consists of four rooms of which one is used as a kitchen / dining room. Three of these rooms faces west with mountain views. There is also a neat bathroom here. The tenants here are paying R4500 per month, and they can vacate the premises given 3 months notice. 

  • This is a top-floor unit in a sectional title complex where you can have your offices, a studio, or work from home. Excellent investment potential in the middle of Observatory.

  • Secure parking under the building.

  • Industrial and visitors lifts.

Google Map:

Gallery