Mthatha Rural - 6 room flats - Spaza Shop - Mandela Park
Location ! Location ! High demand area ! for landlords and tenants.
Another great opportunity for the " Rural Township property developer", Mandela Park, Kwa JJ. The location has a rural juridiction however , the enviroment is of a township hence the location is classified as "Per-urban".
Mandela Park, is has a high population rate making the area the centre of the hard-working class in Mthatha. Mandela Park has busy business buzz from Spaza shops to hardware stores. Which makes the area attractive to landlords.
We, at Thamelo Properties are all about affordable land ownership and changing the landscape of Rural and Township Real Estate market. The property has NO Discrepancies in terms of ownership, it belongs to a lady who recently SOLD one of her properties with us.
The property is in a fair condition and it needs some renovations inorder for the property to reach it's full potential . The location of the property is spot on for landlords to build a block of flats as the area dictates so , the property is next to a tar-road, and it's located in a busy street where there's easy access to public transportation.
The property consists of the following:
- 6 room flats
-Each flat has an electrical metre box
- Water tank
- Burglar doors
- A Spaza shop which generates a constant rental
Please Note : That Rural Properties are a cash transaction , Major banks do not fund(No Home Loans/ No Bonds) rural properties.
The potential buyer will be required to pay transfer costs and attorney fees.
