GSM
12-09-2007, 02:29 PM
The property is rented out to a friend for a generous K550 per week (no GST). It's realistic rent is 700 per week. The extra room downstairs and office space could be rented out too for say 250/week each. The realistic potential therefore is K1,200 per week. Its a stand alone aircon 3 br high post house with spacious dining area and lounge with a balcony overlooking back yard. Its concrete downstairs. Top and bottom showers/toilet areas tiled. Big yar, security fenced and very safe, the friend tenant has been there with no incident since 2002. The yard is spacious with potential for extensions and development or conversion into units or restaurant. It is located on prime Mabata Street at Gordons. It is painted stylishly in green. For direct sale, I'm asking for K800,000. Should sale go thru agents, their mark up will inflate the sale price.
Please ask if you need more info.
Please ask if you need more info.