- 13
- 9
- 1
- 1 250 m2
Monthly Costs
Monthly Bond Repayment ZAR .
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Property description
This exceptional property on a spacious 1,250 sqm stand offers great returns for investors or ample space for large families.
Property Features:
- Four 3-Bedroom Apartments (±130sqm each): Each unit includes 2 bathrooms (master en-suite), an open-plan lounge, dining area, and well-sized kitchen.
- One Bachelor Apartment (±60sqm): Perfect for singles or professionals.
- Ample Parking: Includes carports, visitors parkings and one lock up garage (currently being used for storage).
Rental Income:
Current gross monthly rental income: R31,625, with potential for increases.
- Unit 1: R6,000 | Unit 2: R5,000 | Unit 3: R7,500 | Unit 4: R8,125 | Unit 5: R5,000
Additional Details:
- Tenant Charges: Water, refuse, sewer, and prepaid electricity charged on top of rental.
- Rates & Taxes: R520 | Sewer: R1,066 | Refuse: R335
- Yield: ±13% net of asking price.
Situated in the secure, gated Lenasia Ext 9, this property is close to schools, shopping centers, and transport links.
Contact Mehreen Fareed at RE/MAX Superior today to view this prime investment opportunity!
Property Details
- 13 Bedrooms
- 9 Bathrooms
- 1 Garages
- 5 Lounges
- 5 Dining Area
Property Features
- Access Gate
- Kitchen
- Paving
- Family TV Room
| Bedrooms | 13 |
| Bathrooms | 9 |
| Garages | 1 |
| Erf Size | 1 250 m2 |
