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Property
Description

This full let block of four flats is well located in Judith's Paarl, Johannesburg. The area has sound demand for accommodation, and currently, the block is generating R 21.600.00 per month. It comprises of four well sized 2 bedroom units, each unit with large lounge and balcony area which could be an extra room. Currently, the block is not sectionalized and there is nobody corp. The ongoing monthly expense is for rates R 1.875.00, utilities are recovered from the tenants. This yield on this property is in line with the market, as it offers high income.

Property Points

Upside, unsectionalized wholly owned

Easy upkeep

Fully let

High demand area for accommodation

PROPERTY TYPE:
Residential

PROPERTY ADDRESS:
94 , Terrace Road, 94 Hillview, Judith Paarl, Johannesburg, Gauteng

AUCTION ADDRESS:
Masingita House, 41, West Street, Houghton, JHB, Gauteng

AUCTION DATE:
2019-08-01

AUCTION START TIME:
12:00

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