Brokerage | Multi-let Opportunity

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Johannesburg West

  • This furnished property on 308 squares consist of 10 Bedrooms and 3 Bathrooms which accommodates 17 tenants
  • This Property has an alarm system and sanitary disposal system
  • This property has commune consent and is partially occupied with leases ending end of 2021
  • This property has carport parking for 2 cars
  • Property is close to all major amenities and routes
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Multi-let Opportunity

Asking Price R 1 650 000
Negotiated R 1 550 000

Capital costs include Incl. transfer, bond, and sourcing fee

  • Rental Income R 37 250
  • Bond Repayment R 12 017 (@prime 7%)
  • Operating cost R 10 861
  • (Water, rates, management fee, maintenance fee insurance & miscellaneous)
  • Monthly Expenses R 22 878
  • Net Cash Flow R 14 373
  • Annual Cash Flow R 172 476