Back

2 Bedroom Apartment For Sale in Johannesburg

58 Church Street, Johannesburg, Gauteng, South Africa
R 800000
RunningCosts Bond
Costs
Property Type Apartment
Erf Size NA
Levies R 0
Listing Date March 05, 2025
Floor Size NA
Rates and Taxes R 0
Details
Map
Street view
Local info

Property description

BIDDING STARTS AT R 1 000 000
INCOME GENERATOR! R15 200 P/M DO NOT LOSE OUT!

ONLINE TIMED AUCTION – 58 CHURCH STREET, TURFFONTEIN

FABULOUS INVESTMENT OPPORTUNITY WITH UPSIDES.
GENERATING R182K P/A

4 x Apartments in the building.
Large apartments housing 2 bedrooms with built-in cupboards, separate lounge and sitting room, full separate kitchen and balcony which could easily be converted for more bedrooms for larger families, thus giving you more income.
Parking space allocated for tenants at the back of the building with a separate entrance.
There is a store room and a separate bathroom which could be converted to a separate cottage or a room for a caretaker.

Each unit is currently achieving a rental of R3 800 per month.
Total rental P/M = R15 200.
Total rental P/A = R182 400.

Long standing tenants that are willing to carry on with their rentals as they are very happy.

  • Staff Accommodation
  • Store Room
  • Freehold
  • Security Features

Request property details from O-YES Auctions

Terms of use
Type of enquiry
Phone Agent
Message Agent