FANTASTIC INVESTMENT PROPERTY !
(Located IN Germiston South - Delville)
SPACIOUS ROOMS - FULLY TILED !
MODERN BATHROOMS !
GORGEOUS NEW KITCHENS !
SPACIOUS LOUNGE / DINING ROOM AREA !
/
This EXCEPTIONAL Property truly is a Rare find:
Units have been remodeled and Upgraded, offering Tenants a high quality home.
Ideally located in a residential area, yet on the corner of a well known main road to Germiston town.
EXTREMELY POPULAR BLOCK OF FLATS IN THE AREA.
The face brick building is well maintained, offers Low maintenance costs, and it boast with ample Parking areas - x 2 Covered parking bays per Unit.
Units are sectionalized and billed respective rates charge / portions individually.
ALL MUNICIPAL EXPENSES RECOVERED !
Access gate, electric fence, CCTV installed.
Zoned Residential
Stand Size 2489
GLA 2220
3 x Floors
Parkings 54
Main Access Gate and Side Access Gate
Nearby Amenities:
Germiston Primary School (Across the road)
Galway Primary School 400m
Germiston Sports Stadium
Germiston High School
Rand Air Airfield
Delville Swimming Pool
Bertha Gxowa Hospital
Shopping Centers
Main Arterial roads
Income:
20 x 2 Bed Units - Ranging R5 500 to R6 500
7 x 1 Bed Units - @ R4 000
Total Gross Income R145 829
Costs R12 904
(Insurance, Maintenance, Admin Fee, Caretaker, Cleaner, Expenses (RATES) R7358
(Water, Sewerage, Refuse - recovered)
Total Net Income R125 567 pm
Reasonable Offers / Qualified Buyers WELCOME.
Call us Today for more Info.