Brokerage | Multi-let Opportunity

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Johannesburg West

  • This 495 squares property consist of 10 bedrooms 4 bathrooms
  • The Property is completely vacant as it stands as the owners have moved to CPT
  • This property has a laundry room and outside cottages
  • Property is close to all major amenities and routes
  • Proximity to University of Johannesburg – Kingsway Campus – Gate 2, Campus Square and Collins Saint – MediCross
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Multi-let Opportunity

Asking Price R 1 430 000

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

  • Rental Income R 30 000
  • Bond Repayment R 11 087 (@prime 7%)
  • Operating cost R 7 895
    (Water, rates, management fee, maintenance fee insurance & miscellaneous)
  • Monthly Expenses R 18 982
  • Net Cash Flow R 11 018
  • Annual Cash Flow R 132 216