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An Investment opportunity at a prime tenant location in Berea in Johannesburg. Original 1.5 bedroom, lounge and dining area and bathroom and separate toilet.
The unit is newly renovated. New kitchen, tiling for the entire property, bathroom also renovated. The property has 4 bedrooms now, maximizing the rental income.
Electricity is prepaid. Lifts are in good working condition. The entire building is well maintained by Pal Property Management.
The apartment is vacant and ready for your takeover. The security is 24 hours 7 days a week.
Estimated rental income is approximately between R7000-R8500.
Estimated expenses:
Levies: R1960
Bond repayments: R3882
Estimated Profit: 2658
Gross yield is 27.6%
Amenities:
Walking distance to Barnato High School.
Hillbrow Clinic
Rand Private Clinic
Contact me for private viewing.
