R 3 550 000
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13 Bed House in Val de Grace

13 7 2

This Stunning Property offer

4 bedroom spacious house

2 bedroom flat

1 bedroom flat

6 Bachelors

R45 000 income a month

Close to Menlyn, taxi routes and many more

Val de Grace, Pretoria

MONTHLY INCOME STATEMENT

RENTAL INCOME

HOUSE R11,890.00

UNIT 5 R4,200.00

UNIT 6 R4,200.00

UNIT 7 R4,700.00

UNIT 8 R4,700.00

UNIT 9 R4,200.00

UNIT 10 R4,200.00

UNIT 11 R5,500.00

UNIT 12 (Regarger Prepaid meter) R6,600.00 R50,190.00

R50,190.00

OTHER INCOME

RECHARGER PREPAID METERS (Unit 12) R900.00 R900.00

=R51,090.00

EXPENSES

TSHWANE R&T + W&E 10month ave+8% R17,686.00

GARDENER/CARETAKER R4,200.00 R21,886.00

NETT PROFIT R29,204.00

ANNUAL NET PROFIT R350,448.00

SELLING PRICE AT 10% RETURN R3,550,000.00

* Electricity is at 10 month avarage +8% (for municipal increases)

For an avarage usage summer and winter

Call me today for this 2022 Investment grab

Property details

  • Listing number T3333135
  • Property type House
  • Listing date 31 Jan 2024

Property features

  • Bedrooms 13
  • Bathrooms 7
  • Lounges 3
  • Covered parking 2
  • Access gate
  • Kitchen

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