R9,300,000

Business for sale in Cyrildene

Block Of 12 Flats For Sale In Cyrildene

THIS BLOCK OF TWELVE FLATS( 3 STOREY) CONSIST OF:

3 X 3 Bedroom flat( R 10 500 per month excluding water and electricity)

6 X 2 Bedroom flat( R 8 200 per month excluding water and electricity)

3 X 1 Bedroom flat( R 6 700 per month excluding water and electricity)

Parking( R 250 each per month)

Care Taker Salary (R3500 per month )

Cleaning ( R600 per month )

Rates & Taxes ( R5573)

Total Expenses (R9672)

Four additional roof top rooms with shower, bath and toilet.

NOTE: 6 units has prepaid electricity installed already while the other 6 units and the four rooms on the roof top are charged from the electricity meter downstairs.

Tenants pay for water and electricity and parking, each units has its own geyser, 15 parking bays underground (gate automated)

NET INCOME OF R 102, 877

CALL TO MAKE AN APPOINTMENT NOW!

Property Type
Business
Building Size
988m²
Rates & Taxes
R5
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business listed on 28 Jul 2020