House For Sale in Fishers Hill, Germiston

Property description

BLOCK OF FLATS FOR SALE

7 x 1 BED UNITS - 6 TENANTED
1 x BEDSITTER - TENANTED

MUNICIPAL VALUE - R 3 210 000 - 2021 valuation

RENTAL INCOME - R 30 000
Rental income is soft as rent has not been increased since Covid

ELECTRICITY - Pre-paid system

WATER & SEWERAGE - Recovered from tenants

PARKING - The building does not offer parking but tenants are able to find locally

NOTE - The photoghraphs show the building exterior and the rooms of a typical unit.