21 Bed Apartment in Krugersdorp Central

Spacious, Well-maintained Block of Flats in Krugersdorp Central

12 Apartments/Flats, 3 Floors, south facing, face brick building with prepaid electricity and pet friendly. Well-secured with palisade fencing, locked gate/remote access and security cameras. Consisting of:

9x 2 Bedroom Flats with a bathroom, open plan lounge, dining room and kitchen with steel cabinets. Stoep/verandah. Tiled/carpeted floors.

3x 1 Bedroom Flats with a bathroom, open plan lounge, dining room and kitchen with steel cabinets. Stoep/verandah. Tiled/carpeted floors.

Basement parking:

8x Undercover parking

5x Visitors parking

2x Lock-up garages

2x Storerooms

2x Toilets

Washing line area

Income:

Rent R4500 - R4700 x 9 two bedroom = +-R40 500.00 (New tenants pay higher amount)

Rent R4000 - R4200 x 3 one bedroom = +-R12 000.00 (New tenants pay higher amount)

Total bruto income x 12 flats = +-R52 500.00

One unit vacant currently. Tenants pay regular and on time via EFT.

Expenditure:

Services to Mogale

Property Tax: R5,954.10

Sewerage: R440.55

Sewerage Bins: R913.28

Water: R5785.34

Total R10 368.46