Commercial space in Rosettenville

R 5 500 000

Warrick Wiegand

Law Real Estate

Commercial space in Rosettenville

R 5 500 000

Can I afford this?
10 Beds
10 Baths

Amazing investment opportunity, prime building up for acquisition

The building has 10 individual one bedroom apartments ( situated 5 per floor on level 2 & 3 ) all fully let at R 3300 net per month. It also has 7 shops on the ground level ( 4 are currently let with a net income of R 18 000 per month ) the remaining 3 shops have a potential return of an additional R 14 000 per month. Don''t delay ! Asking an incredible R 5.99 Million - current total rental return of R 51 000 per month with potential to go to R 65 000 - 9% returns don''t come around often .

Great Investment

Fantastic Opportunity

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Key Property Features

10
Bathrooms
10
Bedrooms

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Warrick Wiegand

Warrick

Wiegand

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The Johannesburg South Neighbourhood includes the suburbs of Bassonia, Glenvista, Lenasia, Oakdene, Winchester Hills and Mulbarton. Although the area is being developed fast, Johannesburg South still retains much of its natural beauty. With the endless hills disappearing into the horizon, and many exclusive wildlife estates, one might imagine being in a nature reserve. "The South", as it is most commonly referred to by the locals, is mainly divided into two main parts - the older part on the north side of the N12, and the newer part on the south of the highway. The people of "the South" are family-orientated and active.

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Commercial space in Rosettenville

R 5 500 000

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