R12 500 000 | 61 Bedroom Commercial Property For Sale in Benoni, Benoni

 ref # 1080

 ref # 1080

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R 12 500 000 (582 750 EUR*)

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  038 BENONI RD
61
50
± 1800 m2
± 3800m2
R 9000  / m
R 0  / m
Property Features
Fibre Internet
Access Gate
Electricity Included
Flatlet
Free Standing
Nearby Bus Service
Nearby Minibus Taxi Service
Nearby Train Service
Water Tank
HIGH INCOME COMMERCIAL PROPERTY WITH 61 UNITS

MULTI LEVEL BUILDING WITH RESIDENTIAL UNITS !

IDEALLY LOCATED CLOSE TO LAKESIDE MALL !

NEAT BUILDING OVER 2 LEVELS WITH 61 UNITS !

LOW VACANCIES, HUGE DEMAND !
FULLY TENANTED !

LOW EXPENSES !

EXCELLENT MONTHLY INCOME !

BASEMENT PARKING !

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  • THIS FANTASTICE PROPERTY OFFERS:

  • Neat Solidly Built Building

  • 61 Residential Rooms
  • Excellent demand and low vacancies (zero units vacant currently)
  • Fully Tiled Rooms and Common areas

  • Electricity metered and water added monthly

  • Low municipal expenses at R20k after recoveries
  • Gross Income at R163k
  • Nett Income at R121k pm


  • ***EXPENSES:
  • INSURANCE R4000
  • BANK CHARGES R3000
  • MUNICIPALITY AFTER RECOVERIES R20000
  • CLEANER R3500
  • SECURITY R3000
  • VACANCY PROVISION R5000
  • MAINTENANCE PROVISION R3000

  • TOTAL EXPENSES R41500
  • NET RENTAL INCOME R121 150


  • Call us today to enquire on this FANTASTIC Property !


Message Agents

Alta De Bruin, estate agent


+27 (0)72 684 8400
+27 (0)72 684 8400
 whatsapp agent
  alta@caldanhomes.co.za alta@caldanhomes.co.za
View all agent properties

George De Bruin, estate agent


+27 (0)63 171 7358
+27 (0)63 171 7358
 whatsapp agent
  george@caldanhomes.co.za george@caldanhomes.co.za
View all agent properties