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Kraaines, 3 Hill Street, Grahamstown Central, Grahamstown, Eastern Cape
R 13 250 000
Explore a remarkable investment opportunity at Kraaines, a secure and well-maintained complex located in the vibrant city of Grahamstown. This property is perfect for investors seeking steady returns and long term value. Offering both residential living in 2 attractive blocks. Property features: 12 Spacious units, each featuring: 2 Bedrooms 1 X Well appointed bathroom Comfortable and spacious lounge Private balcony at all units Kitchen features:- built in cupboards with melamine finishes Amenities: Ample built in cupboards for storage Dedicated laundry room Plumbed in backup water tanks to enhance tenants satisfaction Access to Fibre - Frogfoot - Cloudnet system Security: Off street parking Remote access and intercom system for added safety Outdoor space: Beautifully maintained garden that improves the living environment and increases rental appeal The complex also comprises of: A spacious double storey cottage Downstairs: Lounge Dining room Kitchen Upstairs: 3 Bedrooms Bathroom with shower, basin and WC Enclosed balcony Outside office with shower and basin Secure off street parking Retail space with shop frontage onto Hill Street 2 X Workshops Investment potential: Kraaines boasts a strategic location, making it a highly sought-after rental property in Grahamstown. The combination of modern conveniences and solid infrastructure ensures strong demand and low vacancy rates. This complex offers investors the potential for consistent rental income and long term capital appreciation. For more details or to arrange a viewing, please contact me today to discover how Kraaines can be a valuable addition to your investment portfolio. Financials available on request. LOWER ALBANY FRONTIER (PTY) LTD trading as RE/MAX Frontier (Grahamstown) operates in terms of a franchise agreement with RE/MAX of Southern Africa.
Estimated monthly repayment
R 125 124
on a R 11 925 000 bond over 20 years at 11.25%
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Kraaines, 3 Hill Street, Grahamstown Central, Grahamstown, Eastern Cape
Area view — the exact address is shared on enquiry.
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