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
Caretaker who lives off sight: R3000.
Total nett income after expenses: R50,480 p/m.
Address: 105 Swart Street, Kempton Park
Date: Saturday, 23 October 2021
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