R 4 150 000
Commercial Property For Sale In Commissioner Street, Johannesburg
* 10 clean flats ( 2beds x8, bachelor ×2 )
* 7 fully let shops
* Caretaker's flat on the roof.
* 1 room on the ground floor.
* biometric access
* prepaid electricity
* water meter per each flat
Total retail Income:
R44 315.00/month
Electrical meters recoveries:
+-R27 000/month
Total property gross income
R113 315/month
Annual Gross income:
R1 359 780.00
Expenses:
R18 139/month
Net income:
R95 176/month
Total residential recoveries:
R10 907.00/Month
Total residential income:
R42 000.00/Month
Asking price:
R4 150 000.00
Yield:
+-30%
