20 Apartments Residential Block with great income generation. The property is located in a high-demand rental area of Bellevue East. With a Gross Potential Rental Income of R55 300.00 per month. Water is recoverable from the tenants. Pre-paid electricity metres are installed in all individual units. Burglar bars and security gates are installed in all units to beef up security.
The property offers 12 bachelor apartments,4 rooftop single-room units and 4 ground-floor single units
12 Bachelor Apartments provides:
• A combined Bedroom, living area, and Kitchen
• Combined Shower and toilet
• Pre-Paid Electricity Metre
• Water recoverable from tenants.
Roof Top Single Units:
• Single Living Room
• Shared Toilet and Shower.
Ground Floor Single Units:
• Single Living Room
• Shared Toilet and Shower. Both Roof and Ground single units have...
20 Apartments Residential Block with great income generation. The property is located in a high-demand rental area of Bellevue East. With a Gross Potential Rental Income of R55 300.00 per month. Water is recoverable from the tenants. Pre-paid electricity metres are installed in all individual units. Burglar bars and security gates are installed in all units to beef up security.
The property offers 12 bachelor apartments,4 rooftop single-room units and 4 ground-floor single units
12 Bachelor Apartments provides:
• A combined Bedroom, living area, and Kitchen
• Combined Shower and toilet
• Pre-Paid Electricity Metre
• Water recoverable from tenants.
Roof Top Single Units:
• Single Living Room
• Shared Toilet and Shower.
Ground Floor Single Units:
• Single Living Room
• Shared Toilet and Shower. Both Roof and Ground single units have pre-paid metre for electricity. Rental in the area ranges from R2 800 to R3 500 per bachelor unit. And single rooms ranging from R1 700 to R2 200, depending in size. Potential income ±R50 400.00 Per Month
Features
20 Rentable Apartments
Located in a vibrant area of Bellevue East, Johannesburg
Zoned for Residential 4
Great Income Generating Opportunity
Rental in the area ranges from R2800.00 to R3500.00 per unit
Potential Income per month around R50 300.00