ref # 1029

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R 15 000 000 (755 667 EUR*)

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27
27
14
54
± 2489 m2
± 2220m2
R 7358  / m
R 0  / m

Property Features
Fibre Internet
Access Gate
Balcony
Built In Cupboards
Dining Room
Electric Fencing
Electricity Included
Entrance Hall
Family/TV Room
Flatlet
Free Standing
Kitchen
Nearby Bus Service
Nearby Minibus Taxi Service
Paving
Satelite
Scenic View
TV

HIGH INCOME GENERATING INVESTMENT - 27 UPGRADED UNITS - SECTIONALIZED !

FANTASTIC INVESTMENT PROPERTY !
(Located IN Germiston South - Delville)

SPACIOUS ROOMS - FULLY TILED !

MODERN BATHROOMS !

GORGEOUS NEW KITCHENS !

SPACIOUS LOUNGE / DINING ROOM AREA !

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  • This EXCEPTIONAL Property truly is a Rare find:

  • All Units have been remodeled and Upgraded, offering Tenants a high quality home.


  • Ideally located in a residential area, yet on the corner of a well known main road to Germiston town.

  • The face brick building is well maintained, offers Low maintenance costs, and it boast with ample Parking areas - x 2 Covered parking bays per Unit.

  • Units are sectionalized and billed respective rates charge / portions individually.

  • Units have pre paid electricity, fully recovering electricity monthly.

  • Access gate, electric fence, CCTV installed.

  • Zoned Residential
  • Stand Size 2489
  • GLA 2220
  • 3 x Floors
  • Parkings 54
  • Main Access Gate and Side Access Gate

  • Nearby Amenities:
  • Germiston Primary School (Across the road)
  • Galway Primary School 400m
  • Germiston Sports Stadium
  • Germiston High School
  • Rand Air Airfield
  • Delville Swimming Pool
  • Bertha Gxowa Hospital
  • Shopping Centers
  • Main Arterial roads

  • Income:
  • 20 x 2 Bed Units - Ranging R5 500 to R6 500
  • 7 x 1 Bed Units - @ R4 000

  • Total Gross Income R145 829

  • Costs R12 904
  • (Insurance, Maintenance, Admin Fee, Caretaker, Cleaner, Expenses (RATES) R7358
  • (Water, Sewerage, Refuse - recovered)

  • Total Net Income R125 567 pm

  • Reasonable Offers / Qualified Buyers WELCOME.

  • Call us Today for more Info.


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