SOLID BUILT FACE BRICK COMPLEX ! SPACIOUS 2 BED UNITS WITH GARDEN AREAS AND LOADS OF PARKING ! FULLY OCCUPIED UNITS WITH LEASES ! SHARE SALE TRANSACTION - NO DUTIES ! CLOSE PROXIMITY TO NEW EAST RAND UNIVERSITY COMING ! / We are proud to present another FABULOUS INVESTMENT PROPERTY: 12 x 2 Bed Units Spacious Lounges and Bedrooms Bathrooms with Showers and Bath Tubs Full Kitchens with space for washer/Dryer and Fridge Fully Tiled and recently painted units Nice private gardens Ample Covered Parking Bays Remote access gate Electricity metered Water, Refuse and sewerage billed Income: - 5 x units R5500 - 3 x units R5300 - 2 x units R6000 Elec recoveries R12 000 Total R78200 (New rates 01 July 2025: R250pm increase to all units at R5300 and R5500) New gross from July R68700 plus recoveries - R80k - (13% Roi) Expenses: Municipal bill R19k Maintenance R3000 Net R54800 ROI 12% Call us today - before it is Gone !!!
Purchase Price R 5 500 000
Building Size100 m2
Price Per SQMR 55000 m2
Type of PropertyBusiness
Land Size1400 m2
Last Updated30 Jun 2025
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