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%
