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Commercial Property for Sale in Berea
Berea, Johannesburg
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Calling on all investors!
1.Rental Income:
Units:
6 x 2 Bedroom flats
3 x 1 Bedroom flats
12 x Rooms
2.Operating Expenses:
Insurance:
We are paying around R976.74 per month
Caretaker/Cleaner/Gardener/Handyman:
His monthly wage is R4257.45.
Recoveries:
As you will note, we recover:
Basic facility: R20.00 (Per Unit)
Water: Fully recovered (Slightly over recovered)
Electricity: Pre-paid (Through Meter Mate) (Slight over recovery)
Refuse: Fully recovered
Sewer: Fully recovered
Bank Charges: Fully recovered
Parking: R250 per parking bay
3.Finance
The Gross rental collection is R66,182.00
Expenses:
Caretaker: R4257.45
R&M: R700 +-
Rates: R3662.91
Insurance: R976.74
Net Income
R56,584.90 Per Month
R679,018.80 Per Year
Property Overview
Listing Number
113451810
Type of Property
Commercial Property
Description
Retail
Lifestyle
Metropolitan, Suburban
Listing Date
13 October 2023
Facilities
Bedrooms
27
Bathrooms
27
Kitchens
27
External Features
Parking
27
Building
Facing
Street Front
Other Features
Security
Perimeter Wall, Safe
Nearby Public Transport
Bus, Minibus Taxi
Points of Interest
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