Brokerage | Multi-let Opportunity
- This 495 squares property consist of 10 bedrooms 3 bathrooms and 2 kitchens
- The Property is completely vacant as it stands as the owners have moved to CPT
- This property has the capacity to park 3-4 cars
- Property is close to all major amenities and routes
- Proximity to the University of Johannesburg – Auckland Park – Kingsway Campus, Campus Square, MediCross Meldene Medical & Dental Centre.
Asking Price R 1 850 000
Capital costs include Incl. transfer, bond, and sourcing fee.
- Rental Income R 38 000
- Bond Repayment R 14 343 (@prime 7%)
- Operating cost R 9 255
(Water, rates, management fee, maintenance fee insurance & miscellaneous)
- Monthly Expenses R 23 598
- Net Cash Flow R 14 402
- Annual Cash Flow R 172 824