Apartment
·
for sale
R 1 850 000
R 2 437/m²
Commercial Property in Flamwood For Sale
Dr Kenneth Kaunda District Municipality
· 759 m² · Apartment
· Parking
Dr Kenneth Kaunda District Municipality · 759 m² · Apartment · Parking
This well-maintained block of flats is located in one of Klerksdorp’s most sought-after residential areas, offering investors a reliable income stream and solid long-term value growth. The property consists of four fully-let units, each with neat finishes, tiled living areas, and secure parking. Low maintenance. With a monthly rental income of R17 700, this is an ideal turnkey investment for those seeking stable returns with minimal management hassle. FINANCIALS Sales Price: R1,850,000 Monthly Rental Income: R17,700 Annual Rental Income: R17,700 × 12 = R212,400 per year RETURN ON INCOME GROSS = 11.48% gross annual return SUMMARY TO INVESTORS Gross Annual Return: ± 11.5%
This well-maintained block of flats is located in one of Klerksdorp’s most sought-after residential areas, offering investors a reliable income stream and solid long-term value growth. The property consists of four fully-let units, each with neat finishes, tiled living areas, and secure parking. Low maintenance. With a monthly rental income of R17 700, this is an ideal turnkey investment for those seeking stable returns with minimal management hassle. FINANCIALS Sales Price: R1,850,000 Monthly Rental Income: R17,700 Annual Rental Income: R17,700 × 12 = R212,400 per year RETURN ON INCOME GROSS = 11.48% gross annual return SUMMARY TO INVESTORS Gross Annual Return: ± 11.5%
R 1 850 000