R 6 299 000
| Commercial Property for Sale in Montana Park
Calling all Investors & real estate business moguls - You do not want to miss this opportunity!
Incredible returns on investment!
What does this property consist of?
8 Rental units on the Property
12-month lease agreement contracts - All units occupied with 12-month leases in place -
All currently at max capacity - of the tenants have been there for over 5 years!
Current Rental rates:
4x 3 Bedrooms Units at R 9000 pm
3x 2 Bedrooms Units at R 8000 pm
Unit 8 is a bachelor unit being rented out at R2000
(has a kitchenette & bathroom with only a shower)
3 Bedroom units have beautiful gardens with built in braais & patio area.
(some gardens bigger than others)
2 Bedroom units have smaller gardens and built in braai area.
Units all have prepaid electricity meters.
Water is charged to all tenants at R 250 per person, per month.
2 Carports per unit!
Borehole & irrigation
Childrens garden - little play area
Rates & Taxes R 1 985
Waste management R 2 400
Monthly rental income is R 65 000,00 pm
(after city of Tshwane costs)
No levies are currently being charged, as gardens are to be maintained by tenants.
Call Kyle for your exclusive viewing!
Fantastic investment opportunity
Walking distance from Kolonnade shopping center
All units at full capacity
Property Overview
Facilities
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Building
Contact AgentWeb Ref 114255103
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