Highest Received Offer was R 13,000,000
Sizing of units – Melville Court
9 Street facing Commercial Shops
3 x 110sqm,
1 x 90sqm,
3 x 42sqm,
570 square meters
5 bachelor Flats 160 Square meters 5 x 32sqm
2 Two bedroom flats 180 Square meters 90sqm
7 One bedroom flats 448 Square meters 64sqm
2 One & half bedroom flats 172 Square meters
Outside Toilets 12 Square meters
Out Room 12 Square meters
TOTAL: 1554 Squares meters
- No levies are currently being charged on the buildings
- Tenants are not being charged for gas, sewerage, refuse, meter readings, rates & insurance
- Current average rentals are : R3000 2 Bedroom flats R2700 1 &1/2 Bedroom flats R1800 1 Bachelor Flats
- All rentals are subject to a 10 % escalation clause annually
- All commercial units have not been charges for rates & taxes
- Surrounding area like Milk park charges an average of R3800 for a bachelor flat and R5000 for a one bedroom unit
- Maintenance man stays on the property and earns a salary of R3000 a month plus if any emergencies occur
- The buildings are being sold because we are retiring! 2.1 Registered Description Erf 184,
Melville 3.1 Type of building Multi Storey building accommodating the following Ground Floor Consisting of: 5 Bachelor Flats fully let 7 One Bedroom flats fully let 2 One and a half bedroom flats fully let 2 Two bedroom flats fully let 16 flats in Total 3.2 Structure Brick and concrete 3.3 Roof Painted corrugated iron 3.4 Walls painted plaster, face brick 3.5 Security access control to flats 3.6 Buildings Condition is excellent 3.7 Commercial Shops 9 Fully Let 3.8 Pavements outside buildings paved and neat 3.9 Buildings supplied with municipal Gas
CONTACH BILL 011 726 5718
This apartment is for sale in Melville. This is a private property sale. The following description of this suburb will give you a better idea of Melville. Melville is a bohemian suburb known for its rolling hills of grassland with views over the city. Many restaurants and bars are situated hereContinue reading...
Melville has the following point of interest, these include OR Tambo Airport (27.1km), Clearwater Mall (13.6km), Cresta (7.1km), Westgate Mall (16.5km), Nasrec Rd. (10.4km), Sandton City (10.2km), Johannesburg CBD (8km), Monte Casino (19.8km) and Gallagher Estate (26km)
This apartment is situated in a Residential Suburb
This 3 storeys' apartment floor area was measured at 1554m2.
If you make an online offer using the Make An Offer button MyRoof will let you know if your offer was successful. To make an offer takes less than a minute. By selling privately the owner can reduce his asking price by as much as 7% (agents commission is up to 7%) and still get the same money in his pocket! That is why buying private property makes so much sense. Feel free to contact us for more information.
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