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Albertynshof, Albertynshof, Kimberley, Northern Cape
R 20 000 000
This well-maintained apartment building offers a rare investment opportunity in a central and highly convenient location, within walking distance to the university and close to town amenities. Consisting of 27 spacious flats – 18 two-bedroom apartments and 9 one-bedroom apartments – this property is ideally suited for residential rental or conversion to student accommodation, offering strong potential for increased returns. The building currently generates a solid annual income of R1 905 000, with established tenants already in place. All units are equipped with pre-paid electricity meters, and the property includes 30 parking bays, providing ample secure parking for residents. Contact us today for more information or to arrange a viewing.
Estimated monthly repayment
R 188 866
on a R 18 000 000 bond over 20 years at 11.25%
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Albertynshof, Albertynshof, Kimberley, Northern Cape
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