38 Bedroom House in Kempton Park, Kempton Park Auction for R #1980474

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Auction

  • Saturday, 23 Oct 2021
  • 12:30
  • , Kempton Park, Kempton Park

Location

Property Details

Property consists of 38 separate rooms ranging in size and rentals.

All the apartments have been installed with prepaid electricity meters.

Water consumption is part of the rental, there is a limiter on the water which restricts the usage of water.

There are a number of communal showers and bathrooms for the tenants.

The property sits on a 1000m² erf.

There is ample lock up parking for tenants vehicles.

The property is secured with a perimeter wall and electronic gates.

The property is ideally located en route to public transport and close to all major arterial highways.

Total gross Income: R60,900 p/m

Total costs: R10,420 p/m

Expenses:

Water: R6500

Caretaker who lives off sight: R3000.

Rates: R920

Total nett income after expenses: R50,480 p/m.

Auction Details:

Venue: Onsite

Address: 105 Swart Street, Kempton Park

Date: Saturday, 23 October 2021

Time: 12h30

Property Features

  • Property Type House
  • Beds 38
  • Bath 18
  • Building Size
  • Stand Size 1,275m²

Associated Costs

  • Rates & Taxes ± 920

Enquiry

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Bryan Collet

074 757 4545