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Hassle-free income in a sought-after Klerksdorp neighbourhood, offering steady rental returns and low-maintenance living with four fully-let units, secure parking and a 759 m² stand.
This well-maintained block of flats is located in one of Klerksdorp’s most sought-after residential areas, offering investors a reliable income stream and solid long-term value growth.
The property consists of four fully-let units, each with neat finishes, tiled living areas, and secure parking. Low maintenance.
With a monthly rental income of R17 700, this is an ideal turnkey investment for those seeking stable returns with minimal management hassle.
FINANCIALS
Sales Price: R1,850,000
Monthly Rental Income: R17,700
Annual Rental Income: R17,700 × 12 = R212,400 per year
RETURN ON INCOME GROSS
= 11.48% gross annual return
SUMMARY TO INVESTORS
Gross Annual Return: ± 11.5%
Listed for sale at R1,850,000
Flamwood is a vibrant and modern suburb in Klerksdorp, offering a mix of residential comfort and convenient access to shopping, dining, and essential services, making it an attractive place to live.
* Distances and amenities are approximate.
