New
Sole Mandate
- 22
- 5
- 495 m2
Monthly Costs
Monthly Bond Repayment ZAR .
Calculated over years at % with no deposit. Change Assumptions
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Disclaimer: The estimates contained on this webpage are provided for general information purposes and should be used as a guide only. While every effort is made to ensure the accuracy of the calculator, RE/MAX of Southern Africa cannot be held liable for any loss or damage arising directly or indirectly from the use of this calculator, including any incorrect information generated by this calculator, and/or arising pursuant to your reliance on such information.
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
Bedrooms | 22 |
Bathrooms | 5 |
Erf Size | 495 m2 |