R 5 000 000 | apartment property for sale in richmond hill

RICHMOND HILL APARTMENT BLOCK PLUS 2 SHOPS FOR SALE CALLING ALL INVESTORS: Monthly Rental Income: R55 000 Monthly Expenses: R18 656 Monthly Net Income: R36 344 Yearly Net Income: R436 128 ROI 9,09 R4 800 000 (negotiable) THE PROPERTY CONSISTS OF THE FOLLOWING: 14 Bachelor apartments Ceiling fans in each room Unfurnished Wifi for the whole building 2 x s/steel stove top in each room Granite tops in each room for kitchenette Secure Parking for 6 cars (3 are taken) 3 x solar panels for all geysers DSTV connection in each room 4 x CCTV cameras (front, back, passage x 2) PLUS 2 x Commercial shops (both tenanted) Rates: R4800 Floor size: 591sqm Land: 643sqm