CHESTNUT PARK COMPLEX: 328 UNITS - INVESTMENT OPPORTUNITY - EVANDER

Well-maintained and well-kept apartment buildings offering 328 spacious apartments with quality finishes, located on Arcadia Road, Evander. Very centrally located near schools, shopping centers and all amenities.
 
Evander is a mining town located approximately 8 km northwest of Secunda.
 
VIEWING DATE – Friday, 13 January 09:00 – 14:00
 
TOTAL OF 328 APARTMENTS:
164 x 1 Bedroom Loft Apartments
164 x 2 Bedroom Apartments
 
10 Free-standing buildings (three storeys each) consisting of 328 registered sectional titles and communal use areas (braai facilities). The first floor and second floor consists of all the 2 bedroom apartments, and the third floor consists of the 1 bedroom loft apartments.
 
Communal Area: Braai facilities, large lawn area, shaded parking for all units.
 
24-Hour security on sight with access control at three separate entrances.
 
Renting these units and rooms to private individuals will generate a much higher (market-related) rental-income per month as there is a demand for affordable accommodation in the area.
 
All leases are on a month-to-month basis.
 
Property Description:
 
GROUND FLOOR
2 Bedroom Apartments
- 2 Bedrooms
- 1 Bathroom
- Kitchen
- Living / Dining Area
- Stoep with Built-in-Braai
- Shaded Parking
 
FIRST FLOOR
2 Bedroom Apartments
- 2 Bedrooms
- 1 Bathroom
- Kitchen
- Living / Dining Area
- Stoep with Built-in-Braai
- Shaded Parking
 
THIRD FLOOR
1 Bedroom Lofts
- Kitchen
- Bathroom
- Dining / Living Area
- Loft
- Stoep with Built-in-Braai
- Shaded Parking
 
1 Bedroom Lofts
Corner Units
- Kitchen
- Bathroom
- Dining / Living Area
- Loft
- Balcony
- Shaded Parking
 
Rates & Taxes: ± R267.42 to ± R375.83
No Body Corporate
No Levies
 

Additional Info

  • Address: CHESTNUT PARK, ARCADIA ROAD, EVANDER
  • Auction Address: This Auction will take place on site
  • Auction Date: ---
  • Time Auction Starts: ---
  • Contact Person: Pieter 084 8800 165 / Dehan 073 154 1745
  • Phone: 084 8800 165

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