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14
R 145,000
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Langton Hall, located in Hillbrow Johannesburg is the perfect investment opportunity for investors.This is a one bedroom apartment that has a kitchen, spacious lounge, bathroom with separate toilet, kitchen and an open balcony.The unit is currently tenanted. The potential rent for the unit is between R 3 800.00 to R 4 000.00. This is currently achieved and paid by the tenant.Calculation: Purchase with Bond (90%):R 145 000.00 Bond at 90 % =R 1 414.00 pm. Monthly Levy =R 1 792.25 pm.Rental Management fee (if applicable) =R 460.00 pm.Total =R 3 666.25 pm.R 4 000.00 rental income - R 3 666.25 expenses =R 333.75 Cashflow positive.Purchase with Cash:Monthly Levy =R 1 792.25 pm.Rental Management fee (if applicable) =R 460.00 pm.Total =R 2 252.25 pm. R 4 000.00 rental income – R 2 252.25 expenses =R 1 747.75 Cashflow positive.Gross Yield: 33% at R 4 000.00 rental incomeProperty Reference #: 2229636Agent Details:Ian BouwerMamela EstatesOffice 7B Old farm Office forum, 823 Old farm road, Faerie glen
6d
25
R 160,000
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Sunnycrest, located in Hillbrow Johannesburg is the perfect investment opportunity for investors.This is a one bedroom apartment that has a kitchen, lounge, bathroom, kitchen and an open balcony.The unit is currently tenanted. The potential rent for the unit is between R5 000.00 to R 5 300.00. This is currently achieved and paid by the tenant.Calculation: Purchase with Bond (90%):R 160 000.00 Bond at 90 % =R 1 561.00 pm. Monthly Levy =R 1 429.06 pm.Rental Management fee (if applicable) =R 609.95 pm.Total =R 3 600.01 pm.R 5 300.00 rental income - R 3 600.01 expenses =R 1 699.99 Cashflow positive.Purchase with Cash:Monthly Levy =R 1 429.06 pm.Rental Management fee (if applicable) =R 609.95 pm.Total =R 2 039.01 pm. R 5 300.00 rental income – R 2 039.01 expenses =R 3 260.99 Cashflow positive.Gross Yield: 40% at R 5300.00 rental incomeProperty Reference #: 2216669Agent Details:Ian BouwerMamela EstatesOffice 7B Old farm Office forum, 823 Old farm road, Faerie glen
6d
24
Contact f/price
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Calling all investors.This magnificent property is one of a kind. Boasting with great tenancy and security offering high ROIs makes this one especially desired.This property offers 6 floors and 66 spacious open concept studio units. The building offers WIFI, working lifts, Biometric access points, 24hr security and a clean and well run building.This building is located in the heart of Hillbrow and offers close proximity to Central and all transport and routes as well as shops and other amenities.Estimated Rates: R11 739,95Estimated Rent: R148 802,82Property Reference #: Res51Agent Details:Ryan KolokoPropertyliteKirstenhofCape Town7945
8mo
22
Contact f/price
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This is truly a great opportunity not to be missedWell run and very lucrative building for sale in the heart of Hillbrow.The building comprises of 81 prepaid electricity units as well as 4 commercial spaces or shops fully let. Units are divided with 9 offering a 1 bedroom setup of kitchen, lounge, bedroom, family bathroom and the 72 units being open concept units fitted with own kitchens and bathrooms.The property offers working lifts, biometric access system, 24hr security services, WIFI as well as rooftop braai facility and a kids playground for added comfort.This property is ideally located close to shops such as SPAR, Capitec Bank and other amenitiesEstimated Rates: R12 371, 79Estimated Rent: R217 617,27Property Reference #: Res50Agent Details:Ryan KolokoPropertyliteKirstenhofCape Town7945
8mo
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