Investment Property with 4 Apartments – Oude Caracasbaaiweg

Investment property comprising two buildings with four self-contained apartments on a leasehold parcel. Each apartment features a living/dining area with kitchen, two bedrooms, a bathroom, and a covered front or rear porch. The apartments are solidly constructed and include: Reinforced strip foundations, Concrete block walls (10 cm and 15 cm), plastered and painted, Mono-pitch roofs covered with fibre cement roofing sheets, Concrete floors finished with ceramic tiles and wooden skirting boards, Gypsum ceilings on timber framing, Colonial-style aluminium windows and exterior doors, Wooden interior doors in hardwood frames, Split-unit air conditioning in all bedrooms, Individual electrical installations for each apartment, Functional kitchens with formica finishes, equipped with a cooktop and refrigerator, Practical bathrooms with standard sanitary fittings. The plot is largely paved with concrete and designed for low-maintenance use. Boundary fencing consists of a combination of wooden fencing and chain-link fencing with steel posts. At the front of the property, a large automatic entrance gate provides added security and easy access. Highlights: Attractive investment property with rental income potential, Centrally located with excellent nearby amenities, Four self-contained residential units (not individually subdivided), Leasehold land (lease expires on 6 November 2050), The property boundary is marked by a wall, which may differ from the official cadastral boundaries.