Perfect investment opportunity with high positive cash flow!!!
Large 95 sqm 1 bedroom flat with built in cupboards, open lounge, kitchen, bathroom, separate toilet and closed balcony.
NB: The lounge is rented out to three tenants that give an investor more rental income.
The building is located in the prime rental area of Berea on the corner of Abel Road and Lily Avenue. The block is well managed and popular with tenants due to its central location. The building is close to all amenities including Barnato Park High School, JHB Girls Preparatory, shops and main transport routes. The building has 24 hour security and an access security gate.
Levy: R 1267 per month.
Current Rental: R 4 400 per month
Estimated Rental: R 4 400 – R 5 000 per month