Brokerage | Multi-let Opportunity

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johannesburg West

  • This 495 squares property consist 2 semis with 14 bedrooms and 5 bathrooms.
  • The Property is partly tenanted, one semi is being rented out and the other semi is vacant
  • This property is NSFAS accredited (accreditation to be renewed for 2022 academic year)
  • 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 R1 980 000

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

  • Rental Income R 53 320
  • Bond Repayment R 14 653 (@prime 7%)
  • Operating cost R 18 009
    (Water, rates, management fee, maintenance fee insurance & miscellaneous)
  • Monthly Expenses R 32 662
  • Net Cash Flow R 20 658
  • Annual Cash Flow R 247 896