298 m² Commercial space in Kaalfontein
R 2 590 000
Floor Area 298 m²
Land Area 260 m²
Rates R 2563
Block of Bachelor Apartments for sale in Kaalfontein, Midrand
It became operational in April 2017.
12 single Rooms (6 X top floor, 6 X ground floor)
All Rooms fully occupied.
Top security with SEVEN security cameras and sharp spikes above boundary wall.
Own Eskom Transformer so, there's no tripping as a result of overload.
The entire property, including the boundary wall, is face brick meaning very low maintenance.
All Rooms have luxury showers, kitchenette, and DSTV cabling.
Each Room has its own 100 liter geyser and pre-paid electricity meter.
Fully rezoned and Certificate of Occupation issued by City of Johannesburg.
Rental Income:
6 Upper floor rooms for R2 800
6 Ground floor rooms for R2 700
The property generates R33 000 gross income per month
R396 000 gross income annually.
This is a great investment with great rental yield ,
Don't miss this opportunity .
Call now to arrange viewing....
Email the Agents or request the agents Call You Back should you require any further details.
Contact Agents
By sending, you agree to Private Property's terms and conditions
Share this Property
Experience Midrand
Midrand, also known as the Halfway House, was established as a municipality in 1981. It is a very vibrant, accessible area that is growing at a rapid rate. Families flock to the area to take advantage of the laid back lifestyle and variety of amenities. There is plenty of employment nearby, with many large businesses taking advantage of Midrand's convenient location between big cities. Vodacom, Cell C, Neotel, Altech Autopage and many more large companies have offices situated here, and with its growing residential areas this is one of the up and coming areas in South Africa.
Find out more about Midrand
3D View
Video Tour
Apply for a Home Loan
Contact Agents