Apartment / Flat For Sale in Lenasia Ext 9, Johannesburg

This exceptional property on a spacious 1,250 sqm stand offers great returns for investors or ample space for large families.
andnbsp;Property Features:

Four 3-Bedroom Apartments (±130sqm each): Each unit includes 2 bathrooms (master en-suite), an open-plan lounge, dining area, and well-sized kitchen.
One Bachelor Apartment (±60sqm): Perfect for singles or professionals.
Ample Parking: Includes carports, visitors parkings and one lock up garage (currently being used for storage).

Rental Income:
Current gross monthly rental income: R31,625, with potential for increases.

Unit 1: R6,000 | Unit 2: R5,000 | Unit 3: R7,500 | Unit 4: R8,125 | Unit 5: R5,000

Additional Details:

Tenant Charges: Water, refuse, sewer, and prepaid electricity charged on top of rental.
Rates andamp; Taxes: R520 | Sewer: R1,066 | Refuse: R335
Yield: ±13% net of asking price.

Situated in the secure, gated Lenasia Ext 9, this property is close to schools, shopping centers, and transport links.
Contact Mehreen Fareed at RE/MAX Superior today to view this prime investment opportunity!