13 BED HOUSE: FULLY OCCUPIED (EXCELLENT LOCATION) - GERMISTON

This large property is in Primrose Gauteng East Rand which is a suburb of Germiston.
 
Primrose is a popular, older residential suburb established suburb, situated close to excellent schools, medical facilities, shopping centers, and transport routes.
 
Primrose is centrally located, easily accessible to all major highways, and is close to Rietfontein Road and most amenities. This increases the demand for rooms in this area.
 
The 13 rooms have an average rental income of R2500 per month and the property is fully let. Monthly running expenses have averaged about R5 000 per month over the past 3 years.
 
The property has prepaid electricity and water is included in the monthly rent.
 
The 3 bathrooms and kitchen are shared by the tenants. The property has sufficient security and is fully walled with ample parking space inside the property.
 
Property Description:
• 13 Bedrooms
• 3 Bathrooms
• Kitchen
• Ample Parking Space
• Pre-Paid Electricity
 
Rates & Taxes: ±R1 209.80

Additional Info

  • Address: 50 FIR STREET, PRIMROSE, GERMISTON, GAUTENG
  • Auction Address: This Auction will take place on site.
  • Auction Date: ---
  • Time Auction Starts: ---
  • Contact Person: Pieter Nel
  • Phone: 084 8800 165

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