450m² Building For Sale in Richmond Hill
R2,500,000
11 LENET
Web Ref No ORC440
RICHMOND HILL FULLY TENANTED APARTMENT BLOCK FOR SALE
CALLING ALL INVESTORS:
Monthly Rental Income: R40356
Monthly Expenses: R15005
Monthly Net Income: R25350
Yearly Net Income: R304210
ROI: 12%
THE PROPERTY CONSISTS OF THE FOLLOWING:
7 X 2 bedrooms
2 x Bachelor / studio
4 x single garage
All tenanted with Leases and deposits managed by Only Realty
All apartment were renovated in 2022
Monthly Rental Income: R40356
Monthly Expenses: R15005
Monthly Net Income: R25350
Yearly Net Income: R304210
ROI: 12%
THE PROPERTY CONSISTS OF THE FOLLOWING:
7 X 2 bedrooms
2 x Bachelor / studio
4 x single garage
All tenanted with Leases and deposits managed by Only Realty
All apartment were renovated in 2022
Features
Zoning Commercial
Monthly Rates R3,004.00pm Excl. VAT
Floor Size 450m²
Land Size 393m²
Monthly Rates R3,004.00pm Excl. VAT
Floor Size 450m²
Land Size 393m²
Broker Contact Details
Message the Agent
1 of 1
