Brokerage | Multi-let Opportunity

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134 Collins Street, Brixton

  • This 495 squares property consist of 10 bedrooms main house and 3 bedroom self-contained outside cottage which can accommodate 16 tenants.
  • The Property is partly vacant with a few tenants residing at the property.
  • This property is sold with furniture
  • Property is close to all major amenities and routes
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Multi-let Opportunity

Asking Price R1 800 000
Capital costs include Incl. transfer, bond, and sourcing fee

  • Rental Income R 37 000
  • Bond Repayment R 13 955 (@prime 7%)
  • Operating cost R 9 372
  • (Water, rates, management fee, maintenance fee insurance & miscellaneous)
  • Monthly Expenses R 23327
  • Net Cash Flow R 13 673