• 11
  • 5
  • 405 m2
  • 819 m2

Monthly Costs

Monthly Bond Repayment ZAR .

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Disclaimer: The estimates contained on this webpage are provided for general information purposes and should be used as a guide only. While every effort is made to ensure the accuracy of the calculator, RE/MAX of Southern Africa cannot be held liable for any loss or damage arising directly or indirectly from the use of this calculator, including any incorrect information generated by this calculator, and/or arising pursuant to your reliance on such information.

Mun. Rates & Taxes: ZAR 2300.00

Property description

Looking for a profitable, low-maintenance investment? This tenanted multi-unit property in Central is a true gem — fully occupied with reliable tenants and excellent returns!

???? Property Details:

5 Apartments with a total of 11 bedrooms

Monthly Rental Income: R21,950

Monthly Expenses: R6,558.74

Monthly Net Income: R16,228.99

Yearly Net Income: R194,747.93

ROI: 10.53%

???? Each unit has its own water and electricity meter, making management simple and cost-efficient.

???? The property is fully enclosed with ClearVu fencing for added security and peace of mind.

???? Breakdown of Units:

Unit 1: 3 Bedrooms

Unit 1B: 2 Bedrooms

Unit 3: 2 Bedrooms

Unit 5: 3 Bedrooms

Unit 7: 1 Bedroom

???? Conveniently located in Central, close to shops, transport, and all amenities — ideal for student accommodation or long-term

Property Details

  • 11 Bedrooms
  • 5 Bathrooms

Property Features