12 Bedroom House in Primrose, Germiston Pending Sale for R #1964457

Video Tour

Extra Links

Repayments

Calculate your monthly repayments on your home loan.

Bond Calculator

Location

Property Details

GENERATING R420,000 P/A

MUST SELL!!!

PROPERTY DETAILS:

The property consists of 11 separate apartments ranging in size.

2 × 24m² Apartment:

Currently being rented @ R 2,500

6× 30m² Apartment:

Currently being rented @ R 3,000

3 × 40m² Apartment:

Currently being rented @ R4,000

Currently 10 Apartments are occupied bringing in a rental income of R32,000.

1× 30m² Apartment is not occupied which brings in R3,000.

All the apartments are equipped with en-suite bathrooms and kitchens.

All the apartments have separate prepaid electricity meters.

Water consumption is divided by the tenants.

There are 5 geysers installed throughout the property.

The property is situated in the heart of Primrose, close to all amenities and en-route to public transport.

The property offers ample parking for all the tenants and is very secure with a high perimeter wall and electric gates.

All the tenants are happy staying at the property and would be prepared to sign new leases with the new purchasers.

ESTATE LATE - MASTER REFERENCE: 011577/2020

Property Features

  • Property Type House
  • Beds 12
  • Bath 12
  • Building Size
  • Stand Size 991m²
  • Living Area 1

Associated Costs

  • Rates & Taxes ± 789

Enquiry

Interested in property ref 1964457? Please fill in your details below, and we will contact you as soon as possible.

By clicking on submit, you agree to our privacy policy

Bryan Collet

074 757 4545