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Kraaines, 3 Hill Street, Grahamstown Central, Grahamstown (makhanda), Eastern Cape
R 13 250 000
LUCRATIVE INVESTMENT OPPORTUNITY- 2 X BLOCKS OF FLATS - KRAAINES SECURE COMPLEX IN GRAHAMSTOWNExplore a remarkable investment opportunity at Kraaines, a secure and well-maintained complex located in the vibrant city of Grahamstown. This property is perfect for investors seeking steady returns and long term value. Offering both residential living in 2 attractive blocks.Property features:12 Spacious units, each featuring:2 Bedrooms1 X Well appointed bathroomComfortable and spacious loungePrivate balcony at all unitsKitchen features:- built in cupboards with melamine finishesAmenities:Ample built in cupboards for storageDedicated laundry roomPlumbed in backup water tanks to enhance tenants satisfactionAccess to Fibre - Frogfoot - Cloudnet systemSecurity:Off street parkingRemote access and intercom system for added safetyOutdoor space:Beautifully maintained garden that improves the living environment and increases rental appealThe complex also comprises of:A spacious double storey cottageDownstairs:LoungeDining roomKitchenUpstairs:3 BedroomsBathroom with shower, basin and WCEnclosed balconyOutside office with shower and basinSecure off street parkingRetail space with shop frontage onto Hill Street2 X WorkshopsInvestment potential:Kraaines boasts a strategic location, making it a highly sought-after rental property in Grahamstown. The combination of modern conveniences and solid infrastructure ensures strong demand and low vacancy rates. This complex offers investors the potential for consistent rental income and long term capital appreciation.For more details or to arrange a viewing, please contact me today to discover how Kraaines can be a valuable addition to your investment portfolio.Financials available on request.LOWER ALBANY FRONTIER PTY LTD trading as REMAX Frontier Grahamstown operates in terms of a franchise agreement with REMAX of Southern Africa. Show more Show less
Estimated monthly repayment
R 125 124
on a R 11 925 000 bond over 20 years at 11.25%
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Kraaines, 3 Hill Street, Grahamstown Central, Grahamstown (makhanda), Eastern Cape
Pellissier rooms
Dr Gainsford & Partners
120 High Str., Grahamstown
Du Raan & Gippert Optometrists
41 Hill Street, The Colcade, Grahamstown, Grahamstown, Eastern Cape
Settlers Day Hospital
High Street, Grahamstown, Eastern Cape
Ashburner Ann
41 Hill Street, Colcade Centre, Grahamstown, Grahamstown, Eastern Cape
Fair-value check
Priced highPriced 1807% above comparable 2-bed apartments for sale in Grahamstown Central
Based on 20 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Lebo Fourie
Unclaimed listing — claim it to verify
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