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R 1 200 000
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*Disclaimer: Please note that by default this calculator uses the prime interest rate for bond payment calculations. This is purely for convenience and not an indication of the interest rate that might be offered to you by a bank. This calculator is intended to provide estimates based on the indicated amounts, rates and fees. Whilst we make every effort to ensure the accuracy of these calculations, we cannot be held liable for inaccuracies. Property24 does not accept liability for any damages arising from the use of this calculator.

8 Bedroom Apartment / Flat for Sale in Rosettenville

Rosettenville, Johannesburg
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  • Bedrooms 8
  • Bathrooms 4
  • Garages 4
  • Floor Size 420 m²
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Kyle De Aguiar

Calling Investors. Fully Tenanted Apartment Building Up For Acquisition...

An Ideal Investment Opportunity to own in an Exclusive Complex within the Rosettenville Area. All Four apartments are currently tenanted with Rent Rolls available on Request The exterior of the building has been well maintained through the years providing reassurance as to the longevity of an investment of this nature.

Details of the Each Apartments:

- Under Roof: +- 100sqm

- 2 Bedrooms (Second Bedroom is sizeable and will allow for adjustments for a 3rd Bedroom with minimal investment.)

- 1 Bathroom

- Sizeable Living Spaces Throughout

- Kitchen

- Entrances from the Front of the Property and the back entrance.

- One Designated parking per Apartment.

- Relatively good condition throughout. TLC is required on certain parts of the building.

- Utilities are metered and charged according to each tenants usage.

- Generating a Gross Income of +-R16,000 a month excluding...

An Ideal Investment Opportunity to own in an Exclusive Complex within the Rosettenville Area. All Four apartments are currently tenanted with Rent Rolls available on Request The exterior of the building has been well maintained through the years providing reassurance as to the longevity of an investment of this nature.

Details of the Each Apartments:

- Under Roof: +- 100sqm

- 2 Bedrooms (Second Bedroom is sizeable and will allow for adjustments for a 3rd Bedroom with minimal investment.)

- 1 Bathroom

- Sizeable Living Spaces Throughout

- Kitchen

- Entrances from the Front of the Property and the back entrance.

- One Designated parking per Apartment.

- Relatively good condition throughout. TLC is required on certain parts of the building.

- Utilities are metered and charged according to each tenants usage.

- Generating a Gross Income of +-R16,000 a month excluding Recoveries

- Should the units be converted to a 3 Bedroom, 1 Bathroom, rentals of around R5,500 per unit can be expected generating a total gross income of +-R22,000 excluding any recoveries.

All relevant figures are on hand and can be provided at request of a potential purchaser. Please note the property is zoned Res 4 and therefore will classify as a commercial loan which will require a 40% deposit based on the individual or businesses profile. We are happy to assist regarding any additional information on that front as well. For an ideal investment to add to your property portfolio, please do not hesitate to contact us.

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Bedrooms Bedrooms: 8
Bathrooms Bathrooms: 4
Parking Parking: 4
Furnished (Optional) Furnished (Optional)
Listing number: P24-114155824, Image number: 1
Listing number: P24-114155824, Image number: 2
Listing number: P24-114155824, Image number: 3
Listing number: P24-114155824, Image number: 4
Listing number: P24-114155824, Image number: 5
Listing number: P24-114155824, Image number: 6
Listing number: P24-114155824, Image number: 7
Listing number: P24-114155824, Image number: 8
Listing number: P24-114155824, Image number: 9
Property Overview
Listing Number
114155824
Type of Property
Apartment / Flat
Listing Date
18 March 2024
Erf Size
498 m²
Floor Size
420 m²
Price per m²
R 2 857
Rates and Taxes
R 1 200
Furnished
Optional
Bedrooms
8
Bathrooms
4
Kitchens
4
Parking
4
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Bond Calculator

R
R
%
years
Monthly Repayment:
Total Once-off Costs:
Min Gross Monthly Income:
View Breakdown
What do I qualify for based on my income?
What are the bond and transfer costs?
*Disclaimer: Please note that by default this calculator uses the prime interest rate for bond payment calculations. This is purely for convenience and not an indication of the interest rate that might be offered to you by a bank. This calculator is intended to provide estimates based on the indicated amounts, rates and fees. Whilst we make every effort to ensure the accuracy of these calculations, we cannot be held liable for inaccuracies. Property24 does not accept liability for any damages arising from the use of this calculator.
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(* Please enter phone number so the agent can contact you.)
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Contact Agent

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By continuing I understand and agree with
Property24's Terms & Conditions and Privacy Policy.

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