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POA

Commercial Property On Auction in Bellevue

  • Floor Size 658 m²
  • AUCTION
Bellevue - 20 Residential Apartment With Excellent Income Generating Potential Opportunity

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

Listing number: P24-114583301, Image number: 1
Listing number: P24-114583301, Image number: 2
Listing number: P24-114583301, Image number: 3
Listing number: P24-114583301, Image number: 4
Listing number: P24-114583301, Image number: 5
Listing number: P24-114583301, Image number: 6
Listing number: P24-114583301, Image number: 7
Listing number: P24-114583301, Image number: 8
Listing number: P24-114583301, Image number: 9
Property Overview
Listing Number
114583301
Type of Property
Commercial Property
Listing Date
26 June 2024
Erf Size
495 m²
Floor Size
658 m²
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Auction Details

01 October 2024, 11:00
Masingita House, 41 West Street, Houghton Estate, Johannesburg
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