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R4,680,000
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Ref: 8437696


Germiston South Flat For Sale

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R4,680,000 - Germiston South
Ref #: 8437696
Added: > 6 Months Ago
Type: Apartment
Suburb:Germiston South  (in Germiston)
Price:R 4,680,000

Property Features

1-16 Broadway Mansions, 25 Galway St

Investment property on auction Entire sectionalised residential complex of 16 apartments on auction Description of property: 16 x apartments in total 6 x 1 bedroom apartments 10 x 2 bedroom apartments Spread over two double story blocks 14 Open parking bays in the middle of the complex which are paid for separately by the tenants. A typical apartment consists of bedrooms, bathroom, kitchen, lounge and balcony Access from Galway St & King St Registered as a sectional title scheme Rental income of +/- R40,000 per month Mostly let with minimal vacancies With 100% occupancy rental potential rental income of +/- R50,000 per month (Further details on income and expenses are available on request) Electricity, water & sewage are recoverable from the tenants Town planning Zoning residential 4 Height 3 Stories Coverage 60% Auction date & time: Wednesday 15 November 2017 at 12:30pm Property address: Broadway Mansions, 25 Galway St, South Germiston Auction venue: AuctionInc, Thrupps Centre, 204 Oxford Rd, Illovo (Sandton) Send an enquiry to receive more information on the property and the auction.

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» Claudio Gaspar

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Ref: 8437696
Agency Ref(s):inc3897

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