2 Bedroom Apartment For Sale in Brentwood Park
Unique Investment Opportunity – Apartment with 25 Garages
R1,499,000 | 15.48% Gross Rental Yield
An exceptional investment opportunity offering multiple income streams from a single sectional-title property.
The property comprises a residential apartment together with 25 exclusive-use garages, all included in the sale.
The apartment is currently rented at R7,780 per month, including one garage. An additional 21 garages are rented separately at R550 each, with three garages still available to let.
Investment Breakdown:
Current monthly rental income: R19,330
Potential monthly rental income: R20,980
Monthly levies: R3,200
Current annual gross rental income: R231,960
Gross rental yield: 15.48%
With established rental income, low levies relative to the income generated, and the potential to increase returns through the remaining vacant garages, this is an attractive opportunity for investors seeking strong cash flow.
Contact us for further information or to arrange a viewing.
R1,499,000 | 15.48% Gross Rental Yield
An exceptional investment opportunity offering multiple income streams from a single sectional-title property.
The property comprises a residential apartment together with 25 exclusive-use garages, all included in the sale.
The apartment is currently rented at R7,780 per month, including one garage. An additional 21 garages are rented separately at R550 each, with three garages still available to let.
Investment Breakdown:
Current monthly rental income: R19,330
Potential monthly rental income: R20,980
Monthly levies: R3,200
Current annual gross rental income: R231,960
Gross rental yield: 15.48%
With established rental income, low levies relative to the income generated, and the potential to increase returns through the remaining vacant garages, this is an attractive opportunity for investors seeking strong cash flow.
Contact us for further information or to arrange a viewing.
Monthly Levy
R3,200
Monthly Rates
R500
Total
R3,700
Features
Interior
Exterior
Sizes
Additional Amenities
Listing Info
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Brandon van der Merwe
Qualified Principal Property Practitioner
Brentwood Park, Benoni
- Street map
- Street view
Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
Disclaimer
While every effort will be made to ensure that the information contained within the Chas Everitt website is accurate and up to date, Chas Everitt makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
