38 Bedroom House in Kempton Park, Kempton Park Pending Sale for R #1980474

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Property Details

UNDER OFFER!!!

Auction Cancelled!!

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:

Auction Cancelled!!

Property Under Offer

Property Features

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

Associated Costs

  • Rates & Taxes ± 920

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Bryan Collet

074 757 4545