Commercial Guesthouse For Sale In Klerksdorp, Flamwood.
updated on Nov 13, 2024
POA

WEB REF: 704411

Property Summary
  • Selling Price POA
  • Property Type Guesthouse


Description

Property description: Eight townhouse unit, comprising of the following : Three bedroom townhouse unit with a double garage Two bedroom townhouse unit with a small splash pool, carport 5 x Two bedroom townhouse units, with carports 1 x One bedroom townhouse unit with a carport All eight units have municipal prepaid electricity that allow them to buy their own electricity Private water meters were installed to bill the tenants for their own usage The property current income as follows: Three bedroom unit @ R 7250 p.m (private rental-due to move) Two bedroom unit @ R 5500 p.m (agent commission included) 3 x Two bedroom unit @ R4600 p.m each (private rental due to renew lease) 1 x Two bedroom unit @ R4800 p.m (private rental) 1 x Two bedroom unit @ R4750 p.m (private rental) One bedroom unit @ R3450 p.m (agent commission incl) The property projected income would see a potential increase between 5 and 10%, increase in the rent for 2024 (but does not reflect the higher current rent for Flamwood or Wilkoppies area) The property expense are as follows: Insurance - R1271 p.m Garden service - R 850 p.m Rates and taxes - R 3083 p.m This property is available for a quick sale as it is not bonded at any bank. If serious interest is shown in the property, any additional information could be provided. Hoping to hear from you soon. Regards

Additional Features
      Property Address

      Flamwood, Klerksdorp, North West

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