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Flat  
Reduced

Units 10, 19 & 20 Somerset Corner

Somerset St & African St, Grahamstown
Central
3 Flats, individually: R750 000 each or 3 Flats, Collectively: R2100 000 (R700 000 each)
2
2
Land Size:
850m2
Building Size:
50m2

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THIS WILL BE THE BARGAIN OF THE YEAR!

So, here's the deal:

SOMERSET CORNER

  • 3 Flats, individually: R750 000 each
  • 3 Flats, Collectively: R2100 000 (R700 000 each)

That's a discount of R150 000!

Total rent (R8610 + R8820 + R8820)      =    R26 250

Total Levies (R1560 x 3)                               =    R4680

Total Rates (R378 x 3)                                   =   R1134

Monthly nett after levies & rates                 =   R20 436

 

This will be snapped up soon!

Call me today!

 

 

Each apartment has 2 bedrooms, en suite, with the bathroom having a shower, basin and toilet in it.

All the bedrooms are big enough for a bed and work station and have sufficient built in cupboards.

The living area is open plan and in the kitchen area there is an oven, hob and washing machine. There is a single sink and plenty of cupboard space. The floors are tiled.

When constructed, provision was made for Wi-fi and that is obviously still available to residents. However, since construction the building has been connected to Rhodes University’s student connection, Resnet.

As far as security is concerned, the perimeter of the complex has an electric fence which is monitored by the local armed response company. In addition to that, there electric gates for entrance and exit and a guard is on duty between 18.00 and 06.00 every day i.e. overnight.

Each unit has off-street parking for one motor vehicle, however residents who don't have a vehicle can make their parking bay available to another resident if they wish.

These apartments don't come on the market that often – the last sale was in 2017 – which tells you that this block is a popular investment destination and having acquired one of them, buyers don't easily let go.

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Agent

Features

  • Electric Gates
  • Fridge
  • Oven
  • Prepaid Electricity
  • Resnet Facility
  • Stove
  • Tumble Dryer
  • Washing Machine

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