Excellent Investment in prime rental area - Price Reduced
270000 R
•Bond Repayment +/- R2500 pm
•Rental income R3803pm, current tent in place until end march 2017. (property has 100% occupancy, with waiting lists)
•Levies +/- R550pm
The Fashion District was revamped in order to maximise productivity in local fashion production, and not only does Fashion Lofts provide residents with a platform to be a part of this trendy lifestyle, but all apartments offer exquisite panoramic views of this and other parts of the city.
Tenants can look forward to state-of-the-art security as well as slick hi-tech finishes, combining an ultra-modern feel with a natural warmth exuded by wooden striped flooring. Fashion Lofts consists of 15 storeys and comprises 222 high quality one bedroom and bachelor apartments
This complex is very well managed by a highly reputable management company called Framework. Due to its great management to date it has become a target for most investor buyers and its location is very convenient for student accommodation or young professionals working in the Inner City.
Situated in Johannesburg’s Fashion District the property delivers
• 222 units
• 1 penthouse
• Laundry
• 100% occupancy, with waiting lists
• UDZ Tax Incentive is
125 visits