This rental complex is offered for sale on Oude Caracasbaaiweg. It consists of two freehold plots with a total area of approximately 825 m² and includes seven rented apartments, offering immediate rental returns.
The complex comprises seven apartments, numbered 74A through 74G. Each apartment has a living/dining room with kitchen, two bedrooms and a bathroom, for a total of 14 bedrooms and 7 bathrooms. Apartments 74A through 74D have a covered wooden rear porch, while apartments 74E through 74G have a covered wooden front porch. The total built floor area is approximately 280 m².
Apartments 74A through 74D are partly constructed with a timber structure and gypsum finish, while their bathrooms are built in concrete block construction. These units have gable roofs covered with fibre-cement corrugated sheets. Apartments 74E through 74G are constructed with a reinforced strip foundation and concrete-block masonry walls, finished with plaster and paint. These units have mono-pitch roofs, also covered with fibre-cement corrugated sheets.
The floors consist of reinforced concrete with ceramic tile finishes. Ceilings are finished with plasterboard and decorative mouldings. Window and door frames are aluminium, partly in colonial style with sliding windows, and the internal doors are wooden. All bedrooms are equipped with split-unit air conditioning. The kitchens are fitted with a sink and electric cooking facilities, with finishes varying between Formica and MDF panel doors. The bathrooms have a shower, toilet and washbasin, and are partially tiled to a height of approximately 2 metres.
The site is fully paved with asphalt and enclosed by plastered and painted concrete-block walls. Access is secured by an electric wooden gate. At the front, there is a covered container used for storage.
With its practical layout, current rental occupancy and location on Oude Caracasbaaiweg, the complex is suited to investors seeking rental cash flow.