Investment Opportunity: Block of 8 Flats in Primrose, Germiston
Located in the heart of Fisher’s Hill on Main Street, this fully tenanted block of 8 flats presents a fantastic investment opportunity. Positioned on a prime transport route, the property offers easy access to taxis and buses, making it highly attractive to tenants.
Property Features: • 7 One-Bedroom Flats – Spacious 56m² units each featuring a lounge, dining area, kitchen, bedroom, and bathroom. • 1 Studio Flat – Compact unit with a kitchen, ideal for a single tenant. • Total Monthly Rental Income: ±R33,000 • Municipal Rates: Only R2,938 per month • Electricity: Billed by the municipality and recovered via prepaid meters. • Parking: Not provided, but ample street parking available.
This high-yield investment offers stable rental income in a sought-after area. Contact us today for more details or to arrange a viewing!
Disclaimer: Lifestyle Property Group has tried to ensure that all representations contained in this advertisement are accurate but provides no guarantees whatsoever. The representations herein have not been compiled to meet a Purchaser’s individual requirements and it remains the Purchaser’s sole responsibility to inspect the property duly prior to entering into any purchase agreement. The representations herein do not constitute the terms of sale as the images and descriptions are merely indicative. LPG assumes no responsibility for any errors, and we reserve the right to correct/change/update the advert at any time without prior notice.
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Disclaimer: While every effort will be made to ensure that the information contained within the Lifestyle Property Group website is accurate and up to date, Lifestyle Property Group 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.
Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.
