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Kensington, Kensington, Johannesburg, Gauteng
R 4 200 000
Another exciting investment property for sale. The property is over 90% tenanted and is value for money. The first building has 3 units with a single room, bathroom and kitchen space. The second building has two units. The first unit has a single room, bathroom and kitchen space. The second unit has space for a single room, bathroom, lounge and a kitchen. The third building has two units. The first unit has 3 bedrooms, a lounge, a bathroom with a tub and garden area. The second unit has two bedrooms, bathroom with a bathtub, kitchen. The fourth building has two units. The units have a spacious kitchen, two bedrooms and lounge space. On the premises are two cottages close to a scenic view. The area is great for business as it is close to the central business district, schools, almost in full capacity with long standing tenants, the hospital and is value for money. Rental income per month varies from R 50 000 to R 60 000. Amenities: Park Meadows Shopping Centre Kensington Primary School Kensington Secondary School Life New Kensington Clinic Scenic View
Estimated monthly repayment
R 39 662
on a R 3 780 000 bond over 20 years at 11.25%
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Kensington, Kensington, Johannesburg, Gauteng
Listed by
Dylan Kruger
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