R 5 400 000
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14 Bed Townhouse in Riversdale

Contact agent for street address
14 8 8

6 units and a house

This property is the prefect ideal for investment.

INCOME

PROPERTY

PRICE PER UNIT

6 x Units

R6000.00

1 x Flatlet

R5000.00

Main House

R12 000

Total Income

R53000.00

Deductions

Garden Service

R4200.00

Rates

R700.00

Building insurance

R800.00

Total

R5700. 00

NOTE: The Sewer/Refuse andamp Water and Electricity is paid by the tenants Individual.

RETURN ON INVESTMENT

R5300.00 - R5700 = R 47300.00

R47300 X 12 = R55 7600.00 Divided by selling price R5 400 000.00

= 0.105 x 100%

= 10.5 % Return on investment

Property details

  • Listing number T4511255
  • Property type Townhouse
  • Listing date 10 Feb 2024
  • Rates and taxes R 700

Property features

  • Bedrooms 14
  • Bathrooms 8
  • Lounges 8
  • Garage parking 8
  • Kitchen
  • Garden
  • Family TV room
  • Paving

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