• 22
  • 5
  • 495 m2

Monthly Costs

Monthly Bond Repayment ZAR .

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Mun. Rates & Taxes: ZAR 2000.00

Property description

Fully tenanted block of Flats of only 4 Units, each apartment was originally a 3 bed, lounge, dinning, bathroom and kitchen. 

  

Partitioning has turned each dwelling to a 5 bedroom home – yielding a magnificent rental income. 

  

There are 2 rooms at the back/basement of this building. Prepaid electricity. Parking for 5 cars in front of the building. 

  

Total monthly rental income for the entire property is R40 500 gross and nett being plus/minus R25 500. The net income base could be increased by water metering. 

  

Fully let at the time of listing. 

  

   

Property Details

  • 22 Bedrooms
  • 5 Bathrooms
  • 1 Lounges
  • 1 Dining Area

Property Features

  • Kitchen